All sales and purchases within the territory of a state are known as local sales/purchases while cross boarder sales – purchase transactions are known as Inter-state sales and purchases for which a supplier may require to issue form “C” against the purchases and require to collect form “C” against all such sales
Interstate purchase and sales attract less vat duty as comparing to local vat rates. read my article to know more about CST and various forms under CST Act, 1957
It is mandatory to account all such transactions properly and a list of C forms issuable and C form receivable for all such purchases and sales respectively
tally.erp 9 supports proper accounting of all such interstate transactions and satisfy all requirements due to such cross boarder transactions. however it is possible if you keep certain things in mind and record all transactions properly.
before you go further, create a company if you haven’t crated any company in tally yet !
first you should create purchase against C form ledger Account.Here is a detailed screen shot showing how to create an interstate purchase account
go to accounts info from the main menu and then click ledgers as shown below :
Now create a new ledger
Name it Purchase against form “C”
Select group as purchase
Set used in vat return as yes and select vat-tax class as interstate purchase
set use for assessable value calculation as No
and accept the screen
Now create a supplier a ledger under the group sundry creditors
fill up required details including address, city, pin, state etc
alter vat details and and type of vat dealer as interstate dealer and fill up supplier’s CST number
now accept the screen and its all Done!
NEXT : How to account Purchase vouchers against Form C
Mahendra is founder and CEO of the I Vision Infotech, Authorised Tally Sales and Service Partner and helping Tally users to learn Tally and accounting free through this site
Related posts:
I would like to know how to go about deduction of TDS and printing of TDS challan / service tax challans etc in tally
Pl con me on 9819052512
Maine party ka tds party ko 200000/- paid kiya or usne mujhe 190000/- ka debit not diya. or uska bill 35000/- ka hai. to tds me kitne amount pe katunga?
Best Regards
Ashish
Ashish,
Sorry not able to understand your query.
If you can explain your query, then I have a definite solution for the same
Hello, Mujhe pata karna hai ki tally mein puchase voucher mein cst kaise able karte hai
thank u
is there is any direct function for c-form entries.because,if i create a ledger has u said like purchase against c-form it again added in purchase it is confusing.plese tell me what should i do?
How Can i Print state wise sundry creditor & debtors list
next Export All Leger (Creditor & Debi tors ) Name,Address,Contact In to Excel
how to do credit purchase entry vouchr.
first u go in account home page.after that u go in account vouchers and click that.than u see account vouchers creationand there u tye f9.here u do puruchase like that u do sales ,payment,gurneral forthat u see in side
if uundrstand than plz reply
Dear sir ,
how to prepare sales tax against C-form , Please provide brief information
about inter-state sales
dear sir
please tell me use form ‘c’ list in tally 7.2