How to view the VAT computation in Tally ?
- To view the VAT computation, follow the steps:
- From Gateway of Tally – Display – VAT Reports – VAT Computation
Press F12 and type ‘1-4-XXXX’ in From field and ’30-4-XXXX’ in To field.
Press F12 and set ‘show all VAT classifications’ to Yes
Make the following change in the Configuration:
Show All VAT Classifications ? Yes
Now the computation will display the Inter-state Purchase under Other (VAT Not Applicable) heading where the total purchases including ‘Input CST’ will appear under Assessable value and Tax Amount column will be blank.