Interstate purchases can be against Form C and with multiple CST rates. These can be recorded in the corresponding invoices.
Interstate Purchase Against Form C
Interstate Purchase at multiple CST rates
To record an interstate purchase invoice against Form C
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchases .
2. Enter Supplier Invoice No. and Date .
3. Select the Party’s A/c Name from the List of Ledger Accounts .
4. Set the option Is Against C Form to Yes in Party Details screen. This option appears only when the State selected is other than Andhra Pradesh.
5. Select the interstate purchase ledger in Purchase Ledger .
6. Select Interstate Purchase -Against Form C in VAT/Tax Class .
7. Select the required stock items. Below the stock item, the selected Nature of Transaction , tax rate and assessable value on which tax is calculated, will be displayed.
Note:
(i) The stock item is not configured for tax inclusion and MRP.
(ii) Irrespective of tax rate defined in the item master, the tax rate will change based on the nature of transaction selected in the invoice.
(iii) If the option Is Against C Form? is enabled in Party Details screen, the tax rate appears as 2% under the selected stock item.
8. Enter the Quantity and Rate .
9. Select the CST ledger grouped under Purchase Accounts or Direct Expenses with the option Type of duty/tax set to CST .
Note: The rate specific CST ledgers can also be used here.
10. Set the option Provide VAT Details? to Yes . Enter the C Form details.
11. Press Enter to return to purchase invoice. The purchase invoice appears as shown below:
12. Press Enter to save.
To record an interstate purchase invoice for items attracting multiple CST rates
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchases .
2. Enter Supplier Invoice No. and Date .
3. Select the party ledger in Party's A/c Name option.
4. Set the option Is Against C Form? to Yes in Party Details screen. This option appears only when the State selected is other than Andhra Pradesh.
5. Select a common purchase ledger in which the option Is VAT/CST Applicable? is set to Applicable , and Set/Alter VAT Details? is disabled.
6. Select the required stock items whose VAT rates are specified either at the stock group or stock item level. Enter Quantity and Rate for each stock item.
7. Select the CST ledger grouped under Purchase Accounts or Direct Expenses with the option Type of duty/tax set to CST .
8. Click A : Tax Analysis to display the Tax Analysis screen.
9. Click F1 : Detailed to view the names of stock items. The Tax Analysis screen appears as shown below:
10. Press Esc to return to purchase invoice. The purchase invoice appears as shown below:
11. Press Enter to save.
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