https://help.tallysolutions.com/docs/te9rel60/Tax_India/VAT/Karnataka/FAQs.htm

VAT - FAQ (Karnataka)                             

This page lists the FAQ for Karnataka VAT.

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 group level?

3.    How do I define tax rates at ledger 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 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 do I record a sales transaction inclusive of tax?

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

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

8.    How do I record sales with additional ledgers?

9.    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 towards refund of input tax?

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

Forms and Annexures

1.    What is VAT Form 100?

2.    How do I save the VAT return?

3.    What are the Forms and Annexures supported for Karnataka?

4.    Unable to write values in the header row of Karnataka e-VAT annexure template

5.    While exporting Karnataka VAT annexure data to excel template provided by department a new sheet is being created and values are not posted to the respective fields. Why?

Resolving Exceptions

1.    How do I resolve No. of voucher with incomplete/mismatch in information exception?

2.    How do I resolve Country, state and dealer type mismatch/not specified exception?

3.    How do I resolve Tax rate/tax type not specified exception?

4.    How do I resolve Nature of transaction, assessable value, rate of tax modified in voucher exception?

5.    How do I resolve Incorrect tax type selected in tax ledger exception?

6.    How do I resolve Mismatch due to tax amount modified in voucher exception?

7.    How do I resolve Voucher with incomplete/incorrect adjustment details exception?

8.    How do I resolve Information required for generating annexure not provided exception?

Others

1.    How to do e-Filing of Karnataka VAT annexures from Tally.ERP 9 (Release 4.9 onwards)?

2.    How do I get the details of the commodities registered for my business from the K-VAT website?

3.    How to download the e-VAT template from K-VAT website?

4.    Although the option Show e-Sugam vouchers with sales invoices of value greater than was set to 25000, interstate transactions with value less 25000 were displayed in the report. Why?