Branch Transfer Within the State (VAT)

You can create vouchers for the stock received in branch office within the state by selecting the nature of transaction Branch Transfer Inward .

This nature of transaction is provided for Assam, Bihar, Chandigarh, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Jammu & Kashmir, Karnataka, Kerala, Ladakh, Madhya Pradesh, Maharashtra, Odisha, Puducherry, Rajasthan, Tamil Nadu, Uttarakhand, Uttar Pradesh, and West Bengal.

To record an invoice for branch transfer inward

1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchase .

2. Enter the Supplier invoice no. and Date .

3. Select the party ledger in the field Party's A/c Name .

4. Select the purchase ledger grouped under Purchase Accounts with the Nature of transaction set to Branch Transfer Inward .

5. Select the stock item. Enter the Quantity and Rate .

6. Set the option Provide VAT details? to Yes . In the Statutory Details screen

o Select the Form to issue , as shown below:

Note: The options in the above screen appear based on the State selected in the Company VAT Details screen.

o Enter the Form serial no. , Form no. and the Date of F Form .

o Press Enter to save and return to the purchase invoice.

The purchase invoice appears as shown below:

7. Press Enter to save.

The value of this transaction gets captured in the relevant fields of state-specific VAT/CST forms and annexures.