Vat/ tax classification in tally erp 9
This query is : Resolved
09 December 2014
how to create and delete vat/tax classification part for example output tax @ 5 in tally erp 9 ....
10 December 2014
1. Enable VAT. Gateway of Tally > F11: Features > F3: Statutory > Set Enable VAT to Yes
2. Gateway of Tally > Accounts Info > Ledgers > Create
Enter the name of the ledger for eg Output VAT @ 5%
Select Duties and Taxes from the list of Groups
In Type of Duty/Tax select VAT
In VAT sub type select Output VAT
In Default VAT /Tax class select Output VAT @ 5%
Save the creation screen
2. Gateway of Tally > Accounts Info > Ledgers > Create
Enter the name of the ledger for eg Output VAT @ 5%
Select Duties and Taxes from the list of Groups
In Type of Duty/Tax select VAT
In VAT sub type select Output VAT
In Default VAT /Tax class select Output VAT @ 5%
Save the creation screen
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Due date for filing return for the partner in partnership subjected to Tax Audit
- GST on reimbursement of expenses
- Visiting card purchase
- Query on effect of registration of property
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Equity Share Sale and Purchase
- Wrong CMPo8 file
- Whether output tax is taken credit by purchaser
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
