Enabling VAT (Tamil Nadu)

In the VAT Rate/Inventory Details screen,

1.     Select the state as Tamil Nadu from the List of States (if the state is not selected in the Company Creation screen).

2.     Enter VAT TIN.

3.     Enter Inter-state Sales Tax Number.

4.     Enter the starting date for VAT applicability in VAT applicable from.

5.     Enable the option Set/alter VAT rate/inventory details to specify the vat rate and other inventory details in Tax/rate Details screen. if the company is trading in multiple stock items attracting a single VAT rate and CST rate.

6.     Set the option Define VAT commodity and tax details as masters to Yes.

7.     Set the option Enable New Annexures for exporting and filing the new e-VAT returns.

8.     Enter other required additional informations such as Assessment Circle, Division, Area Code, Import Export Code, Authorised by, Authorised Person, Status/Designation and Place.

9.     Press Enter key to save the Company VAT Details screen.