You can record the input tax to be claimed using the procedure in this topic.
To claim refund
1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal .
Note: You can create a journal voucher from Gateway of Tally > Display > Statutory Reports > VAT > select the VAT form.
2. Click J : Stat Adjustment . In the Stat Adjustment Detail s screen,
o Select VAT as the Type of duty/tax .
o Select Refund of Input Tax as the Nature of adjustment .
o Press Enter to save.
3. Debit the current assets ledger.
4. Credit the VAT ledger.
The journal voucher appears as shown below:
5. Press Enter to save.
'Refund of Input Tax (Karnataka)' has been shared with