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Reversal of Input Tax (Karnataka)
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https://help.tallysolutions.com/docs/te9rel54/Tax_India/VAT/karnataka/KA_Reversal_of_ITC.htm

Reversal of Input Tax (Karnataka)

You can create a journal voucher for reversal of input tax.

To create a journal voucher of reversal of input tax

1.     Go to Gateway of Tally > Accounting Vouchers > F7: Journal.

2.     Click J: Stat Adjustment to enable required options in the Stat Adjustment Details screen.

3.     Debit the expense ledger, and enter the value.

4.     Credit the VAT ledger.

o      Enter the VAT Details as shown below:

o      Press Ctrl+A to accept.

The journal voucher appears as shown below:

5.     Press Enter to save.