Recording Sales Inclusive of Tax (Gujarat)

To record inclusive of tax sales transaction

1.     Go to Gateway of Tally > Accounting Vouchers > F8: Sales.

2.     Select the Party's A/c Name.

3.     Select the Sales Ledger with taxable nature of transaction.

4.     Select the stock item for which the option Is inclusive of duties and taxes? is enabled.

o      Enter the Godown, Quantity, Rate and Amount.

o      Press Enter.

o      Press Ctrl+A to save, and to return to sales invoice.

The Stock Item Allocations screen is displayed as shown below:

5.     Select the common VAT  ledger. Based on the VAT rate, amount will be automatically displayed.

6.     Select the additional tax ledger.

The sales invoice appears as shown below:

7.     Press Enter to save.