https://help.tallysolutions.com/docs/te9rel60/Tax_India/VAT/West_Bengal/WB_Sale_WC.htm

Recording Sales - Works Contract (West Bengal)

Works contract sales transaction can be recorded using predefined nature of works contract or user defined nature of works contract

     Predefined nature of works contract

                                    Or

     User defined nature of works contract

To record a works contract transaction with predefined nature of works contract

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

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

3.    Select sales ledger with Sales - Works Contract as the Classification / Nature.

Note: If common ledger is being used, click F12: Configure in the invoice and set the option Allow Modification of Tax Details for VAT? to Yes. Select Sales - Works Contract in the VAT Classification Details screen displayed on selecting the common sales ledger.

4.    Select stock item and enter the Quantity and Rate.

5.    Select Nature of Contract from the predefined List of Nature of Works Contract.

6.    Enter amount for Deductions, as required.

7.    Define Assessable Value for VAT rate and amount. The completed Works Contract Details screen appears as shown below:

8.    Press Enter to save and return to the Accounting Voucher Creation screen.

9.    Select the VAT ledger.

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

o     Click F1: Detailed to view the stock items. The Tax Analysis screen appears as shown below:

o     Press Esc.

11.  The sales invoice appears as shown below:

12.  Press Enter to save the invoice.

To record a works contract transaction with user defined nature of works contract

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

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

3.    Select the sales ledger with Sales - Works Contract as the Classification / Nature.

Note: If common ledger is being used, click F12: Configure in the invoice and set the option Allow Modification of Tax Details for VAT? to Yes. Select Sales - Works Contract in the VAT Classification Details screen displayed on selecting the common sales ledger.

4.    Select the stock item and enter the Quantity and Rate.

5.    Select New Nature of Works Contract from the List of Nature for Works Contract.

6.    Enter the name for the New Nature of Works Contract.

7.    Enter the rate and amount for Deduction of Labour Charges.

8.    Define the Rate of VAT and Assessable Value, as required. The completed Works Contract Details screen appears as shown below:

9.    Press Enter to save and return to the Accounting Voucher Creation screen.

10.  Select the VAT ledger.

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

o     Click F1: Detailed to view the stock items. The Tax Analysis screen appears as shown below:

o     Press Esc.

12.  The sales invoice appears as shown below:

13.  Press Enter to save the invoice.