Creating Stock Item with Service Tax Details

To create stock item with service tax details, enable statutory option for stock items in the company's F11: Features > Statutory & Taxation .

To create stock item

1. Go to Gateway of Tally > Inventory Info. > Stock Item > Create .

2. Enter Name for the stock item.

3. Select group in the field Under .

4. Select Units for the stock item.

5. Enable Set/alter service tax details? to view the Service Tax Details screen.

6. Press Enter to save.

See Also

Creating Stock Group

Recording service code and sub-clause number

Recording abatement details