Wrong calculation of cst
This query is : Resolved
Prasenjit Chakrabarty
(Querist)
27 May 2016
When I feeding cst with excise and freight charge then cst is calculating on excise only in Tall.Please someone help so that cst can be calculated on Excise+Freight Charge.
Murtaza I Bhagat
(Expert)
27 May 2016
You have to change in Freight Ledger in Tally as Group by "Direct Expense" and in Statutory information Type "Yes" to Use for assessable Value calculation and in apportion for "VAT" and in Method of Apportion "Based on Value". You problem will be solved. Try it.
Prasenjit Chakrabarty
(Querist)
28 May 2016
But this change creat a new problem.Excise calculation effecting wrong,i.e., excise duty being calculated on basic price only not on (Excise Duty+Freight Charge).
What I need - Excise Duty will charge on (Basic Price + Freight) and CST will charge (Basic Price+freight+Excise Duty)
Please tell me what are the changes should be made.
What I need - Excise Duty will charge on (Basic Price + Freight) and CST will charge (Basic Price+freight+Excise Duty)
Please tell me what are the changes should be made.
Murtaza I Bhagat
(Expert)
28 May 2016
Let me Try...!!! I will try and revert here...!!! Till please wait..!!!
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Accounting treatment of AMC alongwith the purchase of Laptop
- MSME disclosure and disallowance
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
