https://help.tallysolutions.com/docs/te9rel60/Tax_India/VAT/Goa/GA_ITC_Reversal.htm

Recording Reversal of Input Tax (Goa)

You can record Reversal of Input Tax by enabling the options in Stat Adjustment Details screen.

To create a journal voucher for reversing tax credit

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

Note: You can create a journal voucher from Gateway of Tally > Display > Statutory Reports > VAT > select the VAT or CST form.

2.    Click J: Stat Adjustment. In the Stat Adjustment Details screen,

o     Select Type of duty/tax as VAT.

o     Select Reversal of Input Tax, as the Nature of adjustment.

o     Select the Others in Additional Details section.

Note: Based on the selection made for Nature of Adjustments, the Additional Details option either appears or disappears.

o     Press Ctrl+A to return to the voucher.

3.    Debit the purchase ledger and tax amount to be reversed.

4.    Credit the VAT ledger. Enter the VAT Details as shown below:

5.    Press Enter to accept and return to journal voucher. The journal voucher appears as shown below:

6.    Press Enter to save.