In Tally.ERP 9, you can record a journal voucher to account for adjustment towards CST within the state of Gujarat.
To record 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 . In the 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 additional details option Against CST is automatically selected.
o Press Ctrl+A to return to the voucher.
3. to enable the required options in the Stat Adjustment Details screen.
4. Debit the CST ledger created under the group Duties and Taxes .
o Enter the Rate and Assessable Value in the VAT Details screen.
o Press Enter to return to voucher.
5. Credit the VAT ledger created under the group Duties and Taxes .
o Enter the Rate and Assessable Value in the VAT Details screen
o Press Enter to return to voucher.
6. Credit additional tax ledger.
7. Set the option Provide VAT Details? to Yes , and enter From and To date in the Refund Adjustment Details screen.
The journal voucher appears as shown below:
8. Press Enter to save.