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Decrease in Sales (VAT)

You can record a journal voucher for decrease in sales.

Gateway of Tally > Vouchers > F7 (Journal).
Alternatively, press Alt+G ( Go To) > Create Voucher > press F7 (Journal).

Note: You can create a journal voucher from Gateway of Tally > Display More Reports > VAT Reports > select the VAT or CST form.

Press Alt+J (Stat Adjustment). In the Stat Adjustment Details screen,
- Select the option VAT in the Type of duty/tax field.
- Select the option Decrease in Sales in the Nature of adjustment field.
- Press Enter to save and return to voucher screen.
Debit the interstate sales ledger.
As in other transactions, you can create the ledger on the fly by pressing Alt+C. Alternatively, press Alt+G (Go To) > Create Master > type or select Ledger > and press Enter.
Enter the amount in the Debit column.
Debit the CST ledger.
- Enter the Rate and Assessable Value in the VAT Details screen.
- Press Enter to return to voucher screen.
Enter the amount in Debit column.
Credit the interstate sales ledger predefined with the nature of transaction Interstate Sales Exempt.
As in other transactions, you can create the ledger on the fly by pressing Alt+C. Alternatively, press Alt+G (Go To) > Create Master > type or select Ledger > and press Enter.
Set the option Provide VAT details to Yes and enter the From and To dates, else retain it as No.
Enter Narration, if required. The journal voucher appears as shown below:
Accept the screen. As always, you can press Ctrl+A to save.

The states with Decrease in Sales available as the Nature of Adjustment are given below:

State Name	Additional Details	Voucher Entry
Bihar	—	Debit: Sales ledger with nature of transaction provided for taxable interstate sales. Debit: CST ledger. Credit: Sales ledger with nature of transaction Interstate Sales Exempt.
Gujarat	—	Debit: Sales ledger with nature of transaction provided for taxable interstate sales. Credit: Sales ledger with nature of transaction Interstate Sales Exempt.
Jharkhand	Sales Outside the State	Debit: Sales ledger with nature of transaction provided for taxable interstate sales. Credit: Sales ledger with nature of transaction Interstate Sales Exempt.
Maharashtra	Deduction U/s 6A of Earlier Law (On Going)	Debit: Sales ledger with nature of transaction Sales – Works Contract – Ongoing. Debit: VAT ledger Credit: Sales ledger with nature of transaction Sales Exempt – Works Contract – Ongoing.
Punjab	—	Debit: Sales ledger with the nature of transaction Interstate Sales – Against Form C. Debit: CST ledger. Credit: Sales ledger with the nature of transaction Interstate Sales – Exempt. Credit: Branch/division ledger.
Uttar Pradesh	—	Debit: Sales ledger with nature of transaction provided for taxable interstate sales. Credit: Sales ledger with nature of transaction Interstate Sales Exempt.