https://help.tallysolutions.com/docs/te9rel63/Tax_India/VAT/West_Bengal/WB_VAT_Ldgr.htm

Creating VAT Ledgers (West Bengal)

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

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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 field Under .

4. Select VAT as Types of duty/tax .

5. Press Enter to skip the field Percentage of Calculation , if rate specific VAT ledger has to be created.

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

The Ledger Creation screen appears as shown below:

6. Press Enter to save.

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

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 field Under .

4. Click F12: Configure . The Master Configuration screen appears.

5. Set the option Behave as Duties & Taxes? to Yes .

6. Select VAT as Types of duty/tax .

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

8. Define the rounding method, as required.

9. Enter bank details, as required.

The Ledger Creation screen appears as shown below:

10. Press Enter to save.