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Creating Inter-State Sales and Purchase Ledgers [ CST ] in Tally.ERP 9

Creating an Inter-State Sales Ledger

Go to Gateway of Tally > Accounts Info. > Ledgers > Create

  • Enter name for the Inter-State Sales ledger in the Name field.

  • Select Sales Accounts from the List of Groups in the Under field

  • Set Inventory Values are affected to Yes

  • Select the Type of Ledger as Not Applicable

  • Set the option Used In VAT Returns to Yes to display the VAT/Tax Class sub screen

 
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  • Select the required VAT classification for e.g., Interstate Sales @ 2% Against Form C from the list of VAT/Tax Class.


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  • Press Enter to return to the Inter-state Sales ledger creation screen.

  • Accept the interstate sales ledger.

Note: The classifications displayed in the VAT/Tax Class list depends on the State selected in the Company Creation screen or the F11: Features > F3: Statutory & Taxation Features screen.

It is recommended to create separate Sales ledgers with respective rate of CST for Interstate sales classification

Creating Purchase Ledger

Go to Gateway of Tally > Accounts Info > Ledgers > Create

  • Enter name for the Inter-State Purchase ledger in the Name field

  • Select Purchase Accounts from the List of Groups in the Under field

  • Set Inventory Values are affected to Yes

  • Select the Type of Ledger as Not Applicable

  • Set the option Used In VAT Returns to Yes to display the VAT/Tax Class sub screen.

 
[Img-4]

  • Select the required VAT classification for e.g., Interstate Purchases @ 2% Against Form C from the list of VAT/Tax Class


[Img-5]

  • Press Enter to return to the Inter-state Purchase ledger creation screen.

  • Accept the interstate purchase ledger.

Note: The classifications displayed in the VAT/Tax Class list depends on the State selected in the Company Creation screen or the F11: Features > F3: Statutory & Taxation Features screen.

It is recommended to create separate Purchase Ledgers with respective rate of CST for CST purchase classification.

 
 
 
 
Tally.ERP 9 Reference Manual LIBRARY
1.
Installation of Tally.ERP9
2.
Site Licensing of Tally.ERP9
3.
Shortcut Keys in Tally.ERP9
4.
Maintaining Company Data
5.
Creating Masters
5a. Accounts Information [Creating Masters]
5b. Inventory Information [Creating Masters]
6.
Voucher Entry
7.
Reports in Tally.ERP9
8.
Excise for Dealer
9.
Excise for Manufacturer
10.
Reports [ Excise for Manufacturer]
11.
Excise for Importer
12.
Service Tax in Tally.ERP9
13.
Tax Collected at Source (TCS) in Tally.ERP9
14.
Tax Deducted at Source (TDS) in Tally.ERP9
15.
Value Added Tax (VAT) in Tally.ERP9
16.
Central Sales Tax (CST) in Tally.ERP9
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
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