Recording Sales to Special Economic Zone (SEZ)

In Tally.ERP 9, you can record sales to special economic zones (SEZ) with Interstate Sales - Zero Rated as the Nature of Transaction.

To create a customer from SEZ location

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create.

2. Enter the Name of the customer ledger.

3. Select Sundry Debtors as the group name in the Under field.

4. Set Maintain balances bill-by-bill? to Yes.

5. Enter the Default Credit Period, if any.

6. Set Check for credit days during voucher entry? to Yes, if required.

7. Enter the Mailing Details

8. Provide bank details, if required.

9. Enter the PAN/IT No.

10. Enable the option Set/Alter VAT Details?

● Select the Type of Dealer in VAT Details screen.

● Enter VAT TIN No.

● Click F12: Configure.

● Set Allow exemption details? to Yes, and press Ctrl+A to accept and return to VAT Details screen.

● Select the option SEZ in the Type of Exemption field.

● Enter the notification/registration number of SEZ in the Notification/SEZ Reg Number field.

● Enter the notification/registration Date.

● Press Enter to save and return to ledger creation.

11. Press Enter to save.

5. Select the required stock items and enter Quantity and Rate for the stock item.

o Select I Form in the Form to receive field, and provide other details in Statutory Details screen.

Recording Sales to Special Economic Zone (SEZ) - (Uttar Pradesh)