https://help.tallysolutions.com/docs/te9rel60/Tax_India/VAT/Madhya_Pradesh/MP_Interstate_Sale.htm

Interstate Sales (Madhya Pradesh)

Interstate sales against Form C or with multiple CST rates can be recorded in the corresponding invoices.

Interstate sales at 0% against Form C

Interstate sales have to be taxed at 0% CST rate against Form C when:

     It is transit transaction against Form E2.

     The goods are taxed at 0% under section 8(5) of CST Act read with section 8(4) (against Form C).

To record such sales, the following enhancements are introduced:

     Nature of transaction - Interstate Sales Exempt - With Form C is provided.

     The option Is under CST exemption is provided. After selecting the Form to receive as Form C, you can set this option to:

o     Yes, if the goods are taxed at 0% when purchased against Form C. In the Form 10 report, the text Under exemption appears when this option is set to Yes.

o     No, if the transaction is against Form E1/E2.  In the Form 10 report, the text Subsequent of E1/E2 appears when this option is set to No.

To record an interstate sales invoice against Form C

1.    Go to Gateway of Tally > Accounting Vouchers > F8: Sales.

2.    Enter the reference number in Ref. field.

3.    Select the party ledger in the field Party's A/c Name.

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 Madhya Pradesh.

5.    Select the sales ledger predefined with the nature of transaction Interstate Sales Exempt - With Form C.

6.    Select the required stock items.

7.    Set the option Provide VAT Details? to Yes. In the Statutory Details screen,

o     Enter the Builty/RR No. and date.

o     Select C Form as the Form to receive.

o     Set the option Is under CST exemption to Yes/No as applicable.

o     Press Enter to save and return to sales invoice.

The sales invoice appears as shown below:

8.    Press Enter to save.

Interstate Sales Against Form C

To record an interstate sales invoice against Form C

1.    Go to Gateway of Tally > Accounting Vouchers > F8: Sales.

2.    Enter the reference number in Ref. field.

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 Madhya Pradesh.

5.    Select a common sales ledger in which the options Is VAT/CST Applicable? is set to Applicable, and Set/Alter VAT Details? is disabled.

6.    Select the required stock items.

Note: If the option Is Against C Form? is set to Yes in Party Details screen, the tax gets calculated at 2% CST rate, irrespective of the tax rates defined in the inventory or accounting masters.

7.    Select the common CST ledger.

8.    Set the option Provide VAT Details? to Yes to view the Statutory Details screen.

The sales invoice appears as shown below:

9.    Press Enter to save.

Interstate Sales at Multiple CST Rates

To record an interstate sales invoice for items attracting multiple CST rates

1.    Go to Gateway of Tally > Accounting Vouchers > F8: Sales.

2.    Enter the reference number in Ref. field.

3.    Select the party ledger in the field Party's A/c Name.

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 Madhya Pradesh.

5.    Select a common sales ledger in which the option Is VAT/CST Applicable? is set to Applicable, and Set/Alter VAT Details? is not enabled..

6.    Select the required stock items whose VAT rates are specified either at the stock group level, or at the stock item level. Enter Quantity and Rate for each stock item.

7.    Select the common CST ledger.

8.    Click A: Tax Analysis to display the Tax Analysis screen.

o     Click F1: Detailed to view in detailed mode. The Tax Analysis screen appears as shown below:

o     Press Esc to return to sales invoice.

The sales invoice appears as shown below:

9.    Press Enter to save.