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Purchases of Schedule H Items (U/s 19(1)) (VAT)

You can record purchases of schedule H goods by selecting the nature of transaction Purchases – Schedule H Items (U/s 19(1)).

This nature of transaction is provided for Punjab.

1. Gateway of Tally > Vouchers > press F9 (Purchase).
   Alternatively, press Alt+G (Go To) > Create Voucher > press F9 (Purchase).
2. Enter the Supplier Invoice No. and Date.
3. Select the party ledger in the field Party A/c name.
4. Select the purchase ledger grouped under Purchase Accounts with the Nature of transaction set to Purchases – Schedule H Items (U/s 19(1)).
   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.
5. Select the required stock item. Enter the Quantity and Rate.
6. Set the option Provide VAT details to Yes. In the Statutory Details screen
   • Enter the purchase details as shown below:
     
   • Press Enter to accept. The purchase invoice appears as shown below:
     
7. Accept the screen. As always, you can press Ctrl+A to save.

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