Recording Purchases at Lower Rates (Haryana)

To record local purchases at lower 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.     Select a common purchase ledger in which the option Is VAT/CST Applicable is set to Applicable, and Set/Alter VAT Details is disabled.

5.     Select Purchase Taxable as the Classification / Nature.

6.     Select the required stock items whose lower rates are specified either at the stock group or stock item level and whose Nature of Goods is specified as Lower Rate. Enter Quantity and Rate for each stock item.

7.     Select the common VAT ledger.

8.     Select the surcharge ledger.

The purchase invoice appears as shown below:

9.     Press Enter to save.