You can record interstate sales against Form E1 by selecting the nature of transaction Interstate Sales Exempt – E1.
This nature of transaction is provided for Andhra Pradesh, Assam, Bihar, Chandigarh, Chhattisgarh, Dadra & Nagar Haveli and Daman & Diu, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Jammu & Kashmir, Karnataka, Kerala, Ladakh, Madhya Pradesh, Maharashtra, Odisha, Puducherry, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttarakhand, Uttar Pradesh, and West Bengal.
- Gateway of Tally > Vouchers > press F8 (Sales).
Alternatively, press Alt+G (Go To) > Create Voucher > press F8 (Sales).
- Select the party ledger in the field Party A/c name.
- In the Party Details screen, set the option Is Against C Form to Yes. This option appears only when the State selected is other than the State selected in the Company VAT Details screen.
- As always, press Alt+C, to create a master on the fly. Alternatively, press Alt+G (Go To) > Create Master > type or select Ledger > press Enter.
- Select the sales ledger grouped under Sales Accounts with Nature of transaction set to Interstate Sales Exempt – E1.
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.
- Select the stock item. Enter the Quantity and Rate.
Note: If the option Is Against C Form is set to Yes in the Party Details screen, the tax gets calculated at 2% CST rate. This is irrespective of the tax rates defined in the inventory or accounting masters.
- Set the option Provide VAT details to Yes. In the Statutory Details screen,
- Accept the screen. As always, you can press Ctrl+A to save.