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Free E class of Tally.erp 9

How to enter Vat, CST and Excise in Tally 7.2

Using tally 7.2 ? and confusing where to seek help ?

First of all, I would like to advice you to upgrade to Tally.Erp 9 if you are really keen to account your business in  a professional way with more accuracy, speedy to keep pace with the latest statutory compliance. click here learn how to accounting perfectly for vat, excise and cst in tally.erp 9

If you like tally.erp 9 then you can download the latest version of tally.erp 9 by clicking here

Normally, I do not provide support and guidance for tally 7.2 but considering  a huge request from tally 7.2 users, today, I am giving some tricks and tips for tally 7.2

If you want to enjoy auto calculation of Excise, Vat, CST, Discount etc then first of all, you need to configure your tally as given below:

Go to main menu of tally  and Press F12

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Now, select Invoice/Order Entry

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Set “ use of Excise format to “ Yes

and at the other options

Set “Calculate tax on current sub-total “ to  Yes

Press CTRL + A to accept the screen

Now open a  new ledger for duties i.e.

Excise, Vat ,Cst etc and if you already have opened it then alter it as given below :

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For creating Excise, Cess and SHE select the duty type as others from the drop down menu

Set Inventories value affected as No

& of calculation 8 for excise duty, 2% for Cess and 1 % for SHE (rates prevailing as on the date of posting this article

Select method of calculation as on total sales for excise duty, Additional duty for Cess and and SHE

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Now accept the screen by pressing Ctrl +A

on the same way, either create a new account for input vat or modify the same

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Select Vat as duty type from the drop down menu

select vat class as input vat @4% from the sub screen

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Set inventories values are affected as NO

rate of calculation and method of calculation will come automatically

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Now accept the screen

on the same way you can create cst @ 2% on purchase ledger or can modify the existing ledger

just select CST as duty type

vat tax class as interstate sales

% of calculation  as @ and method of calculation on total sales

image

And its all Done.

Now, while posting a purchase bill Select item invoice

and when you will select an item of purchase, just type rate and quantity and then select excise duty and press enter, the duty will automatically captured by the system

Then select other duty type, i.e. Cess, SHE vat or CST etc and it will be automatically calculated

press enter until you finish the voucher or ctrl +A to accept the screen

If you face any problem, do not hesitate to ask me via comment  or sending a mail to me.

Mahendra  (192 Posts)

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:

  1. How to do Vat and Excise in Tally.erp 9
  2. Problems in VAT and Excise in Tally 9
  3. How to enter Multi Currency in Tally 9 : PART I
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shilparaghunath 5 pts

Dear sir,

I follow your suggestions about vat entries but one problem will be ac cure that is the vat class list not include 14% and also i dont know how will be the entries are done. -plz give me a suggestions.

Mahendra 10 pts moderator

shilparaghunath Tally 7.2 is a dead product! All support has been discontinued. This product had served more then its value to Tally user. To obtain all benefits of latest technology, Statutory Changes, I would recommend you to upgrade your software to Tally.erp 9. Since you are a licensed user of the software, you may upgrade it to Tally.erp 9 at a lessor price. If you need our assistance in upgradation, then just drop your reply here and we will help you for the same.

shilparaghunath 5 pts

Dear sirs,

sir we are using licensed tally 7.2 we have to change vat to 14.5 % instead of 12.5% plz suggest me how to do it

SARRYAMAN 5 pts

shilparaghunath MAI SAMJHA NAHI APKI BAAT

I AM WORKING IN BHANU IRON & STEEL COMPANY LTD. MY LINCE VERSION IS 78xxxxx I HAVE SOME PROBLEM IN TALLY IN PURCHASE INCLUDE IN VAT CLASS.

before going to setup vat rates or etc what are the basic steps i have to follow tally7.2
kindly give ma a reply

Sir; I work with Tally 9.In it Tax rate 13.5% is not available by which I can't work properly. Plz, help me.

how to use 5% vat in tally 9.0

Dear sir,

how can change a excise duty code trading and manufacturing when will make invoice
pls help me this issue

Dear mahendar

sir we are using licensed tally 7.2
we have to change vat to 14.5 % instead of 12.5%
suggest how to do it

thanks

we have tally7.2 account package
now
small problem [vat4% to 5%]
how to change vat 5%
pls send the information

pls contact me
MITLESH JALANDHAR 99xxxxx,99xxxxxxx

Mitlesh,
Tally 7.2 is a dead product and no one can do it ?
Either you still enjoy 7.2 as it is life time without spending money for up gradation or upgrade your software to take advantage of the ever changing business and technology.
Choice is yours but no one company can offer life time free upgrades.

Dear sir,
How to give discount in POS invoicing?
Thanks in advance for reply.

How can I create a VAT/TAX Class of 13.5% in Tally 9 Release 2.14 version. Anybody can help me on this please do.
Thank you

How can I create a VAT/TAX Class of in Tally 7.2. Anybody can help me on this please do.
Thank you

i am using tally 7.2.i want to add 5% in vat /tax calssification.how can i add 5% in vat classification.
kindly help me.

regards ,
malar

Dear sir purchase ki entry vat /tax 7.2 me kaise karate hai please help me.

sir how i can change the date in tally erp 9

If we purchase from interstate, but office is in Bangalore, they will give bill CST 6% & CST 12%, how to take in vat 100 ?

please give me answer

Sir,

Please tell me all expenses pass journal entry yes or no.if yes then tell me personal expenses (e.g.kishore sarees,credit card etc.) how to make j.v??? plz tell me.

DEAR SIR

PLEASE TELL ME HOW TO MAKE ENTRY OF PURCHASE OF SERVICE AND SALES OF SERVICE IN TALLY

Hi. All explain how to create a vat classification in tally 7.2. when it is not given in the purchase classification ,,,, like Purchase@4 / 12.5@ , etc ...

how to use tds, vat ,cst, and service tax in tally 7.2,9.0

pls give me tips for how to make acconting for resort & hotel.
It means in sale of food, we make journal f7 or invoce f8?

Chhaya,
The best tip I can give you is study the basic of accountancy and gain some experience by working under some experienced people.

i want to use vat 5% tally 9.0

Aarti giri,

1. Your email Id is not working what you typed here in comment section
2. You can not use vat 5% with Tally 9.0. You have to upgrade your software to Tally.erp 9

i have some problem in accounting like we have 1`4 % tax on input and out put but i am not able to see in vat class it says 15% CAN YOU PLEASE SUGGESTE me on this issue by sending mail.

Sam,
You might be using old version of Tally.erp 9. I have asked you to mention your Tally.erp 9 still you did not shared it.Sorry We can not help you in this regard.

can we add new vat class in tally 7.2?

Aparna,

No, you can't add new Vat class in Tally 7.2 as Tally 7.2 is a discontinued product.
only people who can't pace with chaining legal and technology arena are using an outdated product like Tally 7.2

Plz asked me in tally 7.2 add excise duty,cess,shec on total sales but i want to calculated cess on excise duty.so plz tell me how calculated cess on excise duty in tally 7.2??

Sarika,
Tally 7.2 doesn't support Excise, VAT so, you won't be able to set up Excise.
You should upgrade your product to Tally.erp 9

Sir,
i want to use excise duty bills in tally 7.2, can i use excise duty calculation in tally?

I have purchased a Tally ERP 9.2.14 newly. I have to make sale Invoices as Item A = 500 Unit with Free = 100 Unit Item B = 200 unit with Free = 50 Unit tax rate = 4% for Item A & 13.5% for Item B. How can i? Kindly give me your mail id so that i can send you templates of my facing problems.

Hello Suman Chakraborty
My first condition to hep anybody is that a help seeker must mention his/her serial number.
and if you do hesitate to mention your Tally.erp 9 serial number than All I can say Sorry.
Please sort our your problem on your own if you can't mention your serial number

Hi,

i've Purchase VAT 10000 and Sales VAT 5000. Please help me how to make an entry of the VAT Carried Forward of VAT Amount 5000 in Tally.

Please give step by step.

Venkatesh,
Without knowing your Tally.erp 9 serial number, I can't provide support.

i want to use vat 13.5% in tally 7.2

Biswajit,
You can't use vat 13.5% with Tally 7.2!

how we gate vat 13.5 % in tally 7.2

Sibabrata Das,
We do not provide support to hackers and crackers
Sorry, you can continue your efforts on your own or the guy who provide you the crack version.They surely can help you.
We provide help only to genuine users who purchased a software for a price

Dear sir,

I am using tally 7.2 and tally 9 of crack version. now I want to transfer my data from tally 73.2 to tally 9. I have already tried it but in failure.

Suggest me the way.

Thanking you,

Jaybatra,
you can NEVER use vat 13.5% in tally 7.2!

i want to use vat 13.5% in tally 7.2

Hi Mahendra,

I am a software consultant and want to know how can I implement calculation of "service tax" in my billing.

Thanks.

I forgot to mention that I want to use tally 7.2 for my accounting.

Dear Vinay,
In tally 7.2 you can't use service tax feature.

UCAN USE SERVICE TAX IN TALLY 7.2 RELEASE 1.42