FAQs on Kerala VAT

On this page:

Defining Tax Rates

Creating Masters

Recording Purchase Transactions

Recording Sales Transactions

Recording Adjustment and Payment Transactions

Forms and Annexures

Resolving Exceptions

Defining Tax Rates

1.     How do I enable VAT?

2.     How do I define tax rates at group level?

3.     How do I define tax rates at ledger level?

4.     How do I define tax rates at stock item level?

5.     How do I set or alter MRP details?

6.     The VAT rate I have configured has changed now. How can I revise the rate in my data?

Creating Masters

1.     How do I create a supplier ledger?

2.     How do I create a customer ledger?

3.     How do I create a purchase ledger?

4.     How do I create a sales ledger?

5.     How do I create a VAT ledger under Duties & Taxes?

6.     How do I create a VAT ledger under Current Assets or Current Liabilities?

7.     How do I create a common ledger for cess?

8.     How do I create purchase tax ledger?

9.     How do I create a VAT classification?

Recording Purchase Transactions

1.     How do I record local purchase transaction for items attracting multiple VAT rates?

2.     How do I record interstate purchase invoice against Form C?

3.     How do I record interstate purchase invoice for items attracting multiple CST rates?

4.     How do I record purchase works contract transaction?

5.     How do I record purchases of capital goods of value less than 5 lakhs?

6.     How do I record purchases of capital goods of value more than 5 lakhs?

7.     How do I claim the input tax credit for purchase of capital goods?

8.     How do I record purchases made from unregistered dealers?

9.     How do I record tax liability on purchase from unregistered dealer?

Recording Sales Transactions

1.     How do I record a local sales invoice for taxable goods with multiple VAT rates?

2.     How do I configure sales voucher type for printing the invoice in Form 8 format?

3.     How do I record an interstate sales invoice against Form C?

4.     How do I record an interstate sales invoice for items attracting multiple CST rates?

5.     How do I configure sales voucher type for printing the invoice in Form 8B format?

6.     How do I record a sales works contract transaction?

7.     How do I record a sales transaction inclusive of tax?

8.     How do I record sales transaction with tax on MRP?

9.     How do I record a transaction for sale of items to Special Economic Zone (SEZ)?

10.  How do I record a transaction by overriding assessable value and tax details in invoice or voucher?

11.  How do I record a sales transaction with VAT and service tax?

12.  How do I record sales with additional ledgers?

13.  How do I record sales invoice with VAT and excise duty?

Recording Adjustment and Payment Transactions

1.     How do I record a purchase return?

2.     How do I configure debit note voucher type to print the invoice in Form 9 format?

3.     How do I record a sales return?

4.     How do I configure credit note voucher type to print the invoice in Form 9 format?

5.     How do I record a statutory payment voucher?

6.     How do I record a journal voucher for adjustment towards increase of output tax?

7.     How do I record tax on purchase from unregistered dealers?

8.     How do I record a journal voucher for adjustment towards entry tax paid?

9.     How do I record a journal voucher for interest payable?

10.  How do I record a journal voucher for reversal of tax?

Forms and Annexures

1.     What is VAT Form 10?

2.     What are excluded transactions?

3.     What are included transaction?

4.     What are uncertain transactions?

5.     How do I view included transactions details?

6.     How do I view excluded transactions details?

7.     How do I view summary of exceptions?

8.     How do I save Form 10 return with no uncertain transactions?

9.     How do I save Form 10 return with uncertain transactions?

10.  How do I recompute the VAT returns?

11.  How do I overwrite existing Form 10 return with uncertain transactions?

12.  How do I overwrite existing Form 10 return with no uncertain transactions?

13.  How do I save revised return with no uncertain transactions?

14.  How do I save revised return with uncertain transactions?

15.  How do I view the Commodity Wise Transactions report?

16.  How do I view sales annexure?

17.  How do I export sales annexure data to the SALES_PURCHASE_INVOICE template?

18.  How do I view purchase annexure?

19.  How do I export data purchase annexure data to the SALES_PURCHASE_INVOICE template?

20.  How do I view the tax payment reconciliation details?

21.  What is return transaction book?

22.  How do I view return transaction book?

23.  Are the tax payment transactions included in Total number of transactions shown in VAT computation?

Resolving Exceptions

1.     How do I resolve Unable to determine country/state exception?

2.     How do I resolve Unable to determine party's dealer type exception?

3.     How do I resolve Unable to determine duty type of ledger exception?

4.     How do I resolve Unable to determine the tax details of the stock group/stock item(s) exception?

5.     How do I resolve Unable to determine the tax details of group/ledger(s) exception?

6.     How do I resolve Conflict in party's country/state in master and transaction exception?

7.     How do I resolve Transactions accepted with tax information conflicts exception?

8.     How do I resolve Mismatch in tax amount exception?

9.     How do I resolve Unable to determine nature of adjustment exception?

10.  How do I resolve Unable to determine purchase tax details exception?

11.  How do I resolve Unable to determine the payment period/type of tax payment exception?

12.  How do I resolve Conflict in Tax Type of Ledger against Payment exception?