VAT, Excise Duty implement on Tally ERP 9

Sir How can I Implement VAT Duty & Excise Duty on Tally ERP software

Hi there,

You can create accounting vouchers to record sales with VAT and excise duty.

  1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales.

  2. Press Ctrl+E to use it as an excise sales invoice.

  3. Enter the reference number in the Reference no. field.

  4. Select the required Tax Unit.

  5. Select the Excise Book Name.

  6. Select the party ledger in the field Party’s A/c Name.

  7. Select the sales ledger grouped under Sales Accounts. In the sales ledger, set the options Is VAT/CST Applicable? and Is Excise Applicable? to Applicable.

  8. Select the required nature of the transaction in the VAT Classification Details screen.

  9. Select the required stock item.

  10. Select the Godown, enter the Quantity and Rate in the Stock Item Allocation screen.

  11. Select the excise duty ledger.

  12. Select the common VAT ledger.

  13. Enter Narration, if required.

Hope this might help you on your learning journey. Keep learning.