Venkkatesh K Uncategorized India, indirect-tax, tally-erp-9, tally-tutorial, VAT, vat-in-tally-erp-9 0
Recording VAT Sales is similar to VAT Purchase entry but we need to consider the Output VAT Ledger instead of Input VAT ledger while creating the Accounting Voucher in Tally ERP 9 Accounting Software. VAT Sales Voucher entry using Sale Voucher Type in Tally ERP 9 Here I have created the Sales @ 5% VAT […]
Venkkatesh K Uncategorized India, indirect-tax, tally-erp-9, tally-tutorial, VAT, vat-in-tally-erp-9 0
Purchase transaction which includes VAT amount can be recorded in Tally ERP 9. Before that purchase ledger must have configure with appropriate VAT/Tax Class. And as well Input VAT ledger needs to be created for the computation of VAT for Sales Tax calculation. Purchases recorded with Input VAT in Tally ERP 9 So, here we […]
Venkkatesh K Uncategorized andhra-pradesh, India, indirect-tax, tally-erp-9, tally-tutorial, VAT, vat-in-tally-erp-9 2
In order to start accounting for VAT Commodities in Tally ERP 9 Accounting Software we must incorporate the VAT Commodity in the Stock Item while creating the Stock Item in Tally Software. Simply creating the VAT Commodity will not produce the Commodity wise Report but it must be activated in Inventory. VAT Commodity selected for […]
Venkkatesh K Uncategorized accounting-software, India, indirect-tax, tally-erp-9, tally-tutorial, VAT, vat-in-tally-erp-9 4
When you are dealing with VAT in Tally ERP 9, it is the best way to create VAT Commodity for a group of Stock Items which are covered under VAT Schedule by the Commercial Tax Department of the concerned State. And Tally allows you to manage the VAT Commodity wise accounting. VAT Commodity Creation for […]
Venkkatesh K Uncategorized andhra-pradesh, CST, India, indirect-tax, Statutory Forms, Taxation, VAT 0
Dealers will get their C Forms after they has requested through Commercial Tax Department website by submitting the C Forms Utilisation file. At the time Auditing they have to present the information regarding the C Forms either received from the customers or issued to the suppliers. If the counter foil or duplicate copy of the […]
Venkkatesh K Uncategorized andhra-pradesh, CST, E-Filing, India, indirect-tax, Statutory Forms, Taxation, VAT 0
After the VAT Dealer has requested for the C Forms through submission of C Form Utilisation File to the Computerized Dealer Service Center (CDSC), they will verify the file and prepares the C Forms and dispatched to the Dealer address choosen by the dealer at the time of upload the C Form Utilisation file. Here […]
Venkkatesh K Uncategorized indirect-tax, Taxation 0
If the Tax is levied on the Selling Price of the Product or Service in the Country then it is called as Indirect Tax. Under this type of Taxes, Government involves the Dealers, Agencies, and other Local Bodies to collect the taxes from the ultimate product or service user and they pays back to the […]
Venkkatesh K Uncategorized direct-tax, indirect-tax, Taxation 0
Before begin to learn Tax, it is better to understand the Meaning of Tax and why the Government is Collecting or Levies Tax on Individuals, Firms, and Companies. In general, Tax is nothing but a kind of fee to be payable on a product, services (financial activities) and Income earned. At present, there are different […]
Venkkatesh K Uncategorized CST, India, indirect-tax, Taxation 0
The Central Government of India has levied a tax on sales under the provisions of Central Sales Tax (CST) Act, 1957. As per the provision of this act, any movement of goods from one State to another State on account of sale/purchase or transfer of document of Title to goods between two separate parties is […]
Venkkatesh K Uncategorized CST, E-Filing, e-Returns, indirect-tax, Statutory Forms 2
After you have generated either the CST Waybill, VAT Waybill, C Form, F Form, or H Form through the Online Generation Process you have to take the Print Out of the same using the Re-Print Form page from the Andhra Pradesh Commercial Taxes Department website. Once again login to your VAT Dealer Account with your […]