https://help.tallysolutions.com/docs/te9rel63/Tax_India/VAT/Assam/AS_VAT_Ldgr.htm

Creating VAT Ledgers (Assam)

You can create VAT ledgers under Duties & Taxes or Current Assets . Tax credit details on capital goods are also recorded in VAT ledgers.

VAT Ledger grouped under Duties & Taxes

VAT Ledger grouped under Current Assets

VAT Ledger - Duties & Taxes

To create a common VAT ledger

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

2. Enter the Name of the VAT ledger.

3. Select Duties & Taxes in the Under field.

4. Select Type of duty/tax as VAT .

5. Press Enter to skip the Percentage of Calculation field, to create common ledger .

Note: To create a VAT ledger with a specific rate, enter the tax rate in Percentage of Calculation field.

The Ledger Creation screen appears as shown below:

6. Press Enter to save.

Similarly, create a CST ledger under Duties & Taxes ,  by selecting CST as the Type of Duty/Tax .

Note: To create a rate specific VAT ledger, enter the tax rate in Percentage of Calculation field. Based on the tax rate entered, the tax amount gets calculated in the invoice.

VAT Ledger - Current Assets or Current Liabilities

To create a tax ledger grouped under Current Assets

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

2. Enter the Name of the VAT ledger.

3. Select Current Assets or Current Liabilities in the Under field.

4. Click F12: Configure , enable the option Allow creation of tax ledgers under other groups? , and save the Master Configuration screen.

5. Enable the option Behave as Duties & Taxes? .

6. Select Type of duty/tax as VAT .

7. Enter the VAT rate in Percentage of calculation field, if rate specific VAT ledger has to be created.

The Ledger Creation screen appears as shown below:

8. Press Enter to save.