To account for increase in input tax
1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal.
2. Click J: Stat Adjustment to enable the required options in the Stat Adjustment Details screen.
In the Stat Adjustment Details screen,
1. Select Type of duty/tax as VAT.
2. Select Increasing Input Tax, as the Nature of adjustment.
3. Select the Goods Received Back After Job Work in Additional Details section.
Note: Based on the selection made for Nature of Adjustments, the Additional Details option either appears or disappears.
3. Press Ctrl+A to return to the voucher.
3. Debit the input VAT ledger. Enter the Rate, Surcharge Rate and Assessable Value in VAT Details screen. Enter the amount.
4. Debit the surcharge ledger. Enter the Rate, Surcharge Rate and Assessable Value in VAT Details screen. Enter the amount.
5. Credit the ledger grouped under Current Assets. The journal voucher appears as shown below:
6. Press Enter to save.
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