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Creating VAT Classifications (Andhra Pradesh)

Create a user defined classification with commodity details.

To create a user defined classification

1. Go to Gateway of Tally > Accounts Info. > Statutory Info. > VAT Classifications > Create .

2. Click F12: Configure in the Stat Classification Creation screen. The Configuration screen appears.

o Set the options Enable nature of transaction? and Provide commodity details? and Provide schedule details? to Yes .

o Accept the Configuration screen.

3. Enter the Name of the new classification.

4. Enter the applicability dates with the corresponding tax rates in Applicable From , Commodity Name , Commodity Code , Schedule , and Tax Rate columns, respectively.

Note: Click L : Details to view the VAT Rate Details screen, and to specify different VAT rates with separate Applicable From dates.

5. Select the required Nature of Transaction .

6. Press Ctrl+C and select the Commodity Name .

7. Enter the Commodity Code . The Stat Classification Creation screen appears as shown below:

8. Press Enter to save.