You can create stock groups for classifying items based on common features. You can also apply a common tax rate for all items in a stock group.
In the VAT Details screen of the stock group (displayed on enabling the option Set/alter VAT details? ),
● Ensure the Classification is set to Undefined .
● Click F12: Configure and ensure all the options are set to Yes .
|
State Name |
Enabling VAT |
|
Bihar |
In the VAT Details screen, 1. Select the Type of goods , Nature of goods , Commodity name (press Ctrl+C ), and Schedule . 2. Enter the Commodity code , Tax rate and Schedule Serial No. 3. Press Enter to save, and return to the Stock Group Creation screen. |
|
Chhattisgarh |
In the VAT Details screen, 1. Select the Type of goods , Nature of goods , and Commodity name (press Ctrl+C ). The Commodity code appears automatically. 2. Enter the Tax rate. 3. Press Enter to save, and return to the Stock Group Creation screen. |
|
Dadra and Nagar Haveli |
In the VAT Details screen, 1. Select the Type of goods . 2. Enter the Commodity name , Commodity code and Tax rate . 3. Select the Schedule . 4. Press Enter to save, and return to the Stock Group Creation screen. |
|
Himachal Pradesh |
In the VAT Details screen, 1. Select the Type of goods , Nature of goods , Commodity name (press Ctrl+C ), and Reporting unit of measure . 2. Enter the Commodity code and Tax rate . 3. Press Enter to save, and return to the Stock Group Creation screen. |
|
Jammu and Kashmir |
In the VAT Details screen, 1. Select the Type of goods . 2. Enter the Commodity name , Commodity code and Tax rate . 3. Press Enter to save, and return to the Stock Group Creation screen. |
|
Jharkhand |
In the VAT Details screen, 1. Select the Type of goods , Commodity name (press Ctrl+C ), Reporting unit of measure . The Commodity code appears automatically. 2. Enter the Tax rate . 3. Select the Schedule . 4. Press Enter to save, and return to the Stock Group Creation screen. |
|
Rajasthan |
In the VAT Details screen, 1. Select the Type of goods , Commodity name (press Ctrl+C ), and Schedule . 2. Enter the Commodity code , Tax rate and Schedule Serial No . 3. Press Enter to save, and return to the Stock Group Creation screen. |
|
Uttarakhand |
In the VAT Details screen, 1. Select the Type of goods . 2. Enter the Commodity name , Commodity code and Tax rate . 3. Select the Reporting unit of measure and Schedule . 4. Press Enter to save, and return to the Stock Group Creation screen. |
|
Uttar Pradesh |
In the VAT Details screen, 1. Select the Schedule and Commodity name (press Ctrl+C ). The Commodity code appears automatically. 2. Enter the Tax rate and Additional tax . 3. Press Enter to save, and return to the Stock Group Creation screen. |