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A new GSTR-2B API is applicable from 14th Nov 2024, which affects auto-reconciliation of GSTR-2B for Oct-24. Stay tuned for our upcoming release, TallyPrime 5.1, which supports this and makes reconciliation even smoother.
https://help.tallysolutions.com/docs/te9rel64/Tax_India/VAT/Karnataka/ka_interstate_sales.htm

Interstate Sales Annexure (Karnataka)

You can generate interstate sales annexure by exporting data to the e-filing template.

Pre-requisites to capture values in Interstate Sales Annexure

Party Ledger

Following details should be defined in the party ledger selected in the sales invoice.

● VAT TIN should be of 11 digits with the first two digits other than ' 29 '

● Type of Dealer set to Regular

Nature of Transaction

In Interstate Sales annexure, the value of transactions recorded in sales invoice using the following nature of transaction are displayed:

● Interstate Sales Exempt

● Interstate Consignment Transfer Outward

● Interstate Sales - Against Form C

● Interstate Deemed Export

● Interstate Sales - E1

● Interstate Sales - E2

● Interstate Sales - Taxable

● Interstate Sales - Works Contract

● Sales Zero Rated

o Diplomatic Missions, U.N, UNICEF, WHO & Foreign Aid

o SEZ / STP / EHTP

VAT Rates

To display transaction details of Sales recorded using the aforementioned taxable nature of transactions, the VAT rates have to be defined in the,

● Stock item master

● Sales ledger, if common ledger is not being used

The tax rates considered in this annexure for interstate Sales made from dealers are, 1%, 2%, 4%, 5%, 5.5%, 12.5%, 13.5%, 14%, 14.5%, 15%, 15.65%, 17%, 20%, 25% and 28%.

The description on each column of this annexure is given below:

Field Name

Description

Buyer TIN

Displays the VAT TIN of 11 digits with first two digits other than 29 predefined in the party master or entered in the Party Details screen of sales invoice.

Name of Buyer

Displays the name of the party ledger selected in the sales invoice.

Address of Buyer

Displays the address predefined in the party ledger or entered in Party Details screen of sales invoice.

Invoice No./Document No.

Displays the invoice number of sales invoice.

Invoice Date/ Document Date (DD/MM/YYYY)

Displays the date of sales invoice in DD/MM/YYYY format.

Net Value

Displays the assessable value of interstate sales.

Tax Value

Displays the CST on taxable interstate sales.

Other Charges

Displays the value entered for separately charged expenses (ledger grouped under direct/indirect expenses with the option Use for Assessable Value Calculation set to No ).

Total Value (Net Value + Tax Charged + Other Charges)

Displays the invoice value.

Form Type

Displays the declaration form selected in Statutory Details screen (which appears on enabling the option Provide VAT Details ) of sales invoice.

Main Commodity

Displays the Main Commodity Code predefined for the stock item selected in the invoice.

Sub Commodity Code

Displays the Sub Commodity Code predefined for the stock item selected in the invoice.

Quantity

Displays the quantity entered for the stock item in the invoice. If two or more stock items are selected in the invoice and the unit of measurement is different for each item, then, the quantity displayed will be of the item of high value.

For example , if an invoice is recorded with items details given below, the quantity will be captured as 100 Kgs in the annexure as the assessable value of Item A is higher than that of Item B.

● 100 Kgs of Item A costs 10,000

● 80 Lts of Item B costs 5,000

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