Type search words and press enter
TallyPrime Release 6.0 Beta is now live! Click here to learn more & get early access to the Power Banking experience! You also get smoother Data Split with robust verification. Easily manage contact details with the new Profile.
https://help.tallysolutions.com/docs/te9rel61/Tax_India/TCS/Item.htm

Creating Stock Item (TCS)

You can create stock item masters for goods that are classified under the TCS nature of goods.

To create a Stock item for TCS

1.    Go to Gateway of Tally > Inventory Info. > Stock Item > Create.

2.    Enter the Name.

3.    Select a stock group from the List of Stock Groups in the Under field.

4.    Select a unit of measurement in the Units field.

5.    Set the option Is TCS applicable to Applicable.

6.    Select the Nature of Goods from the List of Nature of Goods.

The Stock Item Creation screen appears as shown below:

7.    Press Ctrl + A to save the details.