In Tally.ERP 9, you can record an excise sales voucher to account for sales with VAT and excise duty within the state of Kerala. You need to enable the configurations for entering the required VAT and Excise rates applicable for the items.
To record a sales invoice with excise duty and VAT
1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales .
2. Press Ctrl+E if the voucher is not marked as Excise .
3. Enter the reference number in Ref . field.
4. Select the required Tax Unit .
Note: The Excise Book Name linked to tax unit appears automatically. If multiple excise books are linked to tax unit, the required excise book can be selected from the List of Excise Books .
5. Select the Party's A/c Nam e from the List of Ledger Accounts .
6. Select the sales ledger grouped under Sales Accounts . In the sales ledger, set the options Is VAT/CST Applicable and Is Excise Applicable to Applicable .
7. Select the required stock item.
8. Select the Godown , enter the Quantity and Rate in the Stock Item Allocation screen.
9. Select the excise duty ledger.
10. Select the common VAT ledger.
The excise sales invoice appears as shown below:
11. Press Enter to save.
'Sales with VAT and Excise (Kerala)' has been shared with