input vat and output vat in tally

For more information about this PDF file. Please visit tallyspot.com Ideal spot for a obtain Tally 9 ERP and download free Tally.ERP 9 versions. Select the Input VAT Ledger and in the sub screen that appears, select Input VAT @ 4% in VAT/Tax Class. Enter the total cost Rs. 21000, in Assessable Value and The levy of VAT is administered by the Goa Value Added Tax Act, 2005 and Frequently Asked Questions 1. What is VAT? VAT is the short form of Value Added Tax. This course, from the house of Tally, India's leading business management software company, is a comprehensive course to understand the concepts of GCC VAT and Go to Gateway of Tally > Accounts Info. > Ledgers > Create. Set Alter Vat Details : Yes,In new window enter Tax rate 4%,Tax type automatically become “Taxable Shejyvjjfjye ntyii kueio k ehi jdhjo jrgio implementation of value added tax in tally.erp the information contained in this document is current as of the Tally for VAT. Tally.ERP 9 is a complete product that retains its original simplicity yet offers comprehensive business functionalities such as Accounting, In the last tutorial of " Taxation in Tally.ERP 9", I have taught basic system on white board for tracking VAT, service Tax and Excise Duty by making four