Sales to SEZ (Andhra Pradesh)

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 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 values for Set Credit Limit .

8. Enter the Mailing Details .

9. Provide bank details, if required.

10. Enter the PAN/IT No .

11. Enable the option Set/Alter VAT Details?

o Select the Type of Dealer in VAT Details screen.

o Enter VAT TIN No .

o Click F12: Configure button.

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

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

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

o Enter the notification/registration Date .

o Press Enter to save and return of ledger creation.

12. Press Enter to save.

4. Select a sales ledger with Interstate Sales - Zero Rated as the Nature of Transaction .

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.