Calculating VAT based on Quantity (Rajasthan)

To enable this option

1.     Go to Gateway of Tally > F11: Features > Statutory & Taxation.

2.     Set the option Enable Value Added Tax (VAT)? to Yes.

3.     Set the option Enable VAT on quantity to Yes, in the Company VAT Details screen, as shown below:

To configure stock item for VAT on quantity calculation

1.     Go to Gateway of Tally > Inventory Info. > Stock Items > Create or Alter.

2.     Specify the required details in fields Name, Under, and Units.

3.     Set the option VAT Applicable to Applicable.

4.     Enable the option Set/alter VAT details? to open VAT Details screen.

o      Specify the Classification, Type of Goods, Commodity Name, Commodity Code, Tax rate, and Tax type.

o      Set the Calculation Type as On Quantity.

o      Specify the Tax rate of the item per quantity.

o      Press Ctrl+A to accept the VAT Details screen.

5.     Press  Ctrl+A to accept the Stock Item Creation screen.

See Also:

Taxable Purchases (Rajasthan)

Taxable Sales (Rajasthan)