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https://help.tallysolutions.com/docs/te9rel53/Tax_India/Getting_Started/Tax_Rte_Stup_VAT_Exc.htm

Tax Rate Setup for VAT and Excise

To view the Excise Tariff Setup tool

      Go to Gateway of Tally > Inventory Info. > Tax Rate Setup > Excise or,

      Go to Gateway of Tally > Display > Statutory Reports > Excise Reports > Tax Rate Setup.

The Excise Tariff Setup screen appears as shown below:

      Click F1: Detailed to view the stock items under each group. The Excise Tariff Setup screen in detailed mode appears as shown below:

Excise tariff details specified at the company, stock group or stock item levels after migration are displayed.

      Applicable From: Displays the dates entered, from which the tariff rates are applicable.

      Tariff Rate: Displays the tariff rates specified.

      HSN Code: Displays the HSN code of the stock item.

      Reporting UoM: Displays the UoM of the stock item.

      Valuation Type: Displays the valuation type of the stock item.

To view the VAT Rate Setup tool

      Go to Gateway of Tally > Inventory Info. > Tax Rate Setup > VAT or,

Go to Gateway of Tally > Display > Statutory Reports > VAT > Tax Rate Setup.

The VAT Rate Setup screen appears as shown below:

      Click F1: Detailed to view the stock items under each group. The VAT Rate Setup screen in detailed mode appears as shown below:

VAT rate details specified at the company, stock group or stock item levels after migration are displayed.

     Applicable From: Displays the dates entered, from which the VAT rates are applicable.

     Tax Rate: Displays the tax rates specified.

     Addl.Tax Rate: Displays the additional tax rates specified.

Note: Additional tax, cess or surcharge appears for different states as applicable.

     Commodity Name: Displays the commodity name of items used in transactions.

     Commodity Code: Displays the commodity code of items used in transactions.