In Tally.ERP 9, you can record a journal voucher to account for the decrease of input tax.
To create journal voucher for CST adjustment
1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal .
Note: You can create a journal voucher from Gateway of Tally > Display > Statutory Reports > VAT > select the VAT or CST form.
2. Click J : Stat Adjustment to enable required options in Stat Adjustment Details screen.
o Select the option VAT in the Type of duty/tax field.
o Select the option Decrease of Input Tax in the Nature of adjustment field. The Stat Adjustment Details screen appears as shown below:
o Press Enter to save and return to voucher screen.
3. Debit the CST ledger created under the group Duties & Taxes .
o Enter the Rate , and Assessable Value in the VAT Details screen.
o Press Enter to return to voucher screen.
4. Enter the amount in Debit column.
5. Credit the input VAT ledger.
o Enter the Rate , and Assessable Value in the VAT Details screen.
o Press Enter to return to voucher screen.
The journal voucher appears as shown below:
6. Press Enter to save.