Interstate purchases can be against Form C and with multiple CST rates. These can be recorded in the corresponding invoices.
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 interstate supplier 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 party ledger is other than Puducherry.
5. Select a common purchase ledger in which the option Is VAT/CST Applicable? is set to Applicable, and Set/Alter VAT Details? is disabled.
6. Select the required stock items. 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 CST ledger grouped under Purchase Accounts or Direct Expenses with the option Type of duty/tax set to CST.
8. Set the option Provide VAT Details? to Yes.
o Enter the C Form details in Statutory Details screen that is displayed.
o Press Enter to save and return to voucher.
The purchase invoice appears as shown below:
9. 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 interstate supplier 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 in party ledger is other than Puducherry.
5. Select a common purchase ledger in which the option Is VAT/CST Applicable? is set to Applicable, and Set/Alter VAT Details? is disabled.
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.
o Click F1: Detailed to view the names of stock items. The Tax Analysis screen appears as shown below:
o Press Esc to return to purchase invoice.
The purchase invoice appears as shown below:
9. Press Enter to save.
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