Recording an Invoice for Purchases of Schedule H Items (U/s 19(1))

You can record purchases of schedule H goods by selecting the nature of transaction Purchases - Schedule H Items (U/s 19(1)).

This nature of transaction is provided for Punjab.

To record an invoice for purchase of schedule H goods

1.    Go to Gateway of Tally > Accounting Vouchers > F9: Purchase.

2.    Enter the Supplier invoice no. and Date.

3.    Select the party ledger in the field Party's A/c Name.

4.    Select the purchase ledger grouped under Purchase Accounts with the Nature of transaction set to Purchases - Schedule H Items (U/s 19(1)).

5.    Select the required stock item. Enter the Quantity and Rate.

6.    Set the option Provide VAT Details? to Yes. In the Statutory Details screen

o     Enter the purchase details as shown below:

o     Press Enter to accept.

The purchase invoice appears as shown below:

7.    Press Enter to save.

The value of this transaction gets captured in the relevant fields of state-specific VAT/CST forms and annexures.