FAQ - VAT (Puducherry)

On this page:

Defining Tax Rates

Creating Masters

Recording Purchase Transactions

Recording Sales Transactions

Recording Adjustment and Payment Transactions

Forms and Annexures

Resolving Exceptions

Defining Tax Rates

1.     How do I enable VAT?

2.     How do I define tax rates at ledger level?

3.     How do I define tax rates at group level?

4.     How do I define tax rates at stock item level?

5.     How do I define tax rate for stock group?

6.     The VAT rate I have configured has changed now. How can I revise the rate in my data?

Creating Masters

1.     How do I create a supplier ledger?

2.     How do I create a customer ledger?

3.     How do I create a purchase ledger?

4.     How do I create a sales ledger?

5.     How do I create a VAT ledger under Duties & Taxes?

6.     How do I create a VAT ledger under Current Assets or Current Liabilities?

7.     How do I create a VAT classification?

Recording Purchase Transactions

1.     How do I record local purchase transaction for items attracting multiple VAT rates?

2.     How do I record interstate purchase invoice against Form C?

3.     How do I record interstate purchase invoice for items attracting multiple CST rates without Form C?

4.     How do I record purchase works contract transaction?

5.     How do I record purchases of capital goods?

6.     How do I record purchases with additional ledger?

7.     How do I record purchases made from unregistered dealers?

Recording Sales Transactions

1.     How do I record a local sales invoice for taxable goods with multiple VAT rates?

2.     How do I record an interstate sales invoice against Form C?

3.     How do I record an interstate sales invoice for items attracting multiple CST rates?

4.     How do I record a sales works contract transaction?

5.     How to enable Rate (Inclusive of Tax) for the stock items while passing invoice?

6.     How do I record a sales transaction inclusive of tax?

7.     How do I record sales transaction with tax on MRP?

8.     How do I record a transaction for sale of items to Special Economic Zone (SEZ)?

9.     How do I record a transaction by overriding tax details in invoice or voucher?

10.  How do I record a sales transaction with VAT and service tax?

11.  How do I record sales with additional ledgers?

12.  How do I record sales invoice with VAT and excise duty?

Recording Adjustment and Payment Transactions

1.     How do I record a purchase return?

2.     How do I record a sales return?

3.     How do I record a payment voucher?

4.     How do I record a journal voucher for adjustment towards TDS?

5.     How do I record a journal voucher for interest payable?

6.     How do I record a journal voucher for reversal of tax?

Forms and Annexures

1.     What is VAT Form I?

2.     What are excluded transactions?

3.     What are included transaction?

4.     What are uncertain transactions?

5.     What is CST Form I?

6.     How do I save the VAT return?

7.     How do I recompute the VAT returns?

8.     How do I export data to Annexure II template?

9.     How do I export data to Annexure III template?

10.  How do I export data to Annexure IV template?

11.  How do I export data to Annexure V template?

12.  How do I view included transactions details?

13.  How do I view excluded transactions details?

14.  Are the tax payment transactions included in Total number of transactions shown in VAT computation?

15.  What are the forms and annexures supported in release 5.2 for Puducherry?

16.  Forms and annexures not provided for Puducherry in release 5.2?

Resolving Exceptions

1.     How do I resolve Unable to determine country/state exception?

2.     How do I resolve Unable to determine party's dealer type exception?

3.     How do I resolve Unable to determine duty type of ledger exception?

4.     How do I resolve Unable to determine the tax details of the stock group/stock item(s) exception?

5.     How do I resolve Unable to determine the tax details of group/ledger(s) exception?

6.     How do I resolve Conflict in party's country/state in master and transaction exception?

7.     How do I resolve Transactions accepted with tax information conflicts exception?

8.     How do I resolve Mismatch in tax amount exception?

9.     How do I resolve Unable to determine nature of adjustment exception?

10.  How do I resolve Unable to determine purchase tax details exception?

11.  How do I resolve Unable to determine the payment period/type of tax payment exception?

12.  How do I resolve Conflict in Tax Type of Ledger against Payment exception?