Interstate purchases can be against Form C and with multiple CST rates. This topic explains the procedure to record these transactions.
Interstate Purchase Against Form C
Interstate Purchase at multiple CST rates
To record an interstate purchase invoice against Form C
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchases.
2. Enter Supplier Invoice No. and Date.
3. Select the party ledger in Party's A/c Name option.
4. Set the option Is Against C Form to Yes in Party Details screen. This option appears only when the State selected is other than Goa.
5. Select a common Purchase Ledger in which the option Is VAT/CST Applicable? is set to Applicable, and Set/Alter VAT Details? is set to No.
6. Select the required stock items.
Note: The stock item is not configured for tax inclusion and MRP.
7. Enter the Quantity and Rate for each stock item.
8. Select the CST ledger grouped under Purchase Accounts or Direct Expenses with the option Type of duty/tax set to CST.
9. Set the option Provide VAT Details? to Yes. Enter the additional purchase details and select the Purpose of purchase.
10. Press Enter to return to purchase invoice. The purchase invoice appears as shown below:
11. Press Enter to save.
To record an interstate purchase invoice for items attracting multiple CST rates
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchases.
2. Enter Supplier Invoice No. and Date.
3. Select the party ledger in Party's A/c Name option.
4. Set the option Is Against C Form? to No in Party Details screen. This option appears only when the State selected is other than Goa.
5. Select a common Purchase Ledger in which the option Is VAT/CST Applicable? is set to Applicable, and Set/Alter VAT Details? is set to No.
6. Select the required stock items whose VAT rates are specified either at the stock group or stock item level. Enter Quantity and Rate for each stock item.
7. Select the CST ledger grouped under Purchase Accounts or Direct Expenses with the option Type of duty/tax set to CST.
8. Click A: Tax Analysis to display the Tax Analysis screen.
9. Click F1: Detailed to view the names of stock items. The Tax Analysis screen appears as shown below:
10. Press Esc to return to purchase invoice. The purchase invoice appears as shown below:
11. Press Enter to save.
'Interstate Purchases (Goa)' has been shared with
