To record a transaction with increased input tax value, you can create a journal voucher with the necessary Stat Adjustments, debit your expense ledger, and credit the input VAT ledger.
To account for increase in input tax
1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal.
2. Click J: Stat Adjustment. In the Stat Adjustment Details screen
o Select Type of duty/tax as VAT.
o Select Increasing Input Tax, as the Nature of adjustment.
Note: Based on the selection made for Nature of Adjustments, the Additional Details option either appears or disappears.
o Press Ctrl+A to return to the voucher.
3. Debit the expense ledger and enter the amount.
4. Credit the input VAT ledger. Enter the tax Rate and Assessable Value in VAT Details screen. The journal voucher appears as shown below:
5. Press Enter to save.