Creating a CST Ledger

A CST ledger can be created under purchase accounts/direct expenses to apportion it with purchase cost, or as common CST ledger by selecting the Type of duty/tax as CST .

CST Ledger Grouped under Purchase Accounts or Direct Expenses for Apportioning

To create a CST ledger grouped under Purchase Accounts or Direct Expenses for apportioning

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

2. Enter the Name of the CST ledger.

3. Select Purchase Accounts or Direct Expenses in the Under field.

4. Click F12: Configure .

o Enable the option Allow creation of tax ledgers under other groups?

o Press Ctrl+A to save the Master Configuration screen.

5. Set the option Is VAT/CST applicable? to Not Applicable .

6. Set the option Include in assessable value calculation for to Not Applicable .

7. Enable the option Behave as Duties & Taxes? .

8. Select CST as the Type of duty/tax .

9. Enter the CST rate in Percentage of Calculation field, if the rate specific VAT ledger has to be created. The Ledger Creation screen appears as shown below:

10. Press Enter to save.

Common Ledger for CST

To create a common ledger for CST

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

2. Enter the Name of the CST ledger.

3. Select Duties & Taxes in the Under field.

4. Select Type of duty/tax as CST .

5. Press Enter to skip the Percentage of Calculation field.

The Ledger Creation screen appears as shown below:

6. Press Enter to save.