You can record exempt on-going sales by selecting the nature of transaction Sales Exempt – On Going.
This nature of transaction is provided for Maharashtra.
- Gateway of Tally > Accounting Vouchers > F8: Sales.
- Enter the Reference no..
- Select the party ledger in the field Party’s A/c Name.
- Select the sales ledger grouped under Sales Accounts with Nature of transaction set to Sales Exempt – On Going.
The sales invoice appears as shown below:
- Press Enter to save.
The value of this transaction gets captured in the relevant fields of state-specific VAT/CST forms and annexures.