1. © Tally Solutions Pvt. Ltd. All Rights Reserved Value Added Tax in Tally.ERP 9

2. © Tally Solutions Pvt. Ltd. All Rights Reserved 2 Value Added Tax in Tally.ERP 9 Value Added Tax Purchases (Trading/Capital goods) Sales (Tax/ Retail/ MRP invoicing) Purchase/ Sales - Returns & Additions Classification Based Calculations Avail/Adjust Input credit Physical & E-Returns (State-Specific)

3. © Tally Solutions Pvt. Ltd. All Rights Reserved 3 Features of Value Added Tax Accurate VAT calculation Determine VAT Liability/Refund Meets all accounting and statutory norms Statutory VAT & CST Reports

4. © Tally Solutions Pvt. Ltd. All Rights Reserved 4 Accurate VAT Calculation VAT calculation based on VAT/Tax classifications Provision to apportion expenses for VAT Calculation Maintain MRP based entries Avail ITC on capital goods immediately or in installments Account for Purchase Tax on Unregistered Dealers’ Purchases

5. © Tally Solutions Pvt. Ltd. All Rights Reserved 5 Determine VAT Liability/Refund Avail Input credit during purchases Pay advance tax and adjust towards VAT liability/refund Adjust Input VAT credit against  Output VAT  Central Sales Tax Automate the offsetting of VAT dues against tax credit Computation report for VAT liability/refund

6. © Tally Solutions Pvt. Ltd. All Rights Reserved 6 Meets all Accounting and Statutory norms Seamless integration with Accounts & Inventory Meets all Statutory Requirements of VAT provisions

7. © Tally Solutions Pvt. Ltd. All Rights Reserved 7 Statutory VAT and CST Reports Regular VAT Forms for 32 States/Union Territories Composite VAT Forms for 21 States/Union Territories Central Sales Tax Forms for 17 States/Union Territories Supporting Annexures for VAT/CST Forms

8. © Tally Solutions Pvt. Ltd. All Rights Reserved 8 Generation of E-Returns Facility to generate e-returns for applicable States by exporting data: Directly in the prescribed format or To Templates prescribed by Commercial Taxes Department Procedure of generating e-returns using Template files: Download Templates from Commercial Taxes Department website Copy files to Tally.ERP 9 installed folder Export the data to respective template files Save the Files and upload as prescribed by the Department

9. © Tally Solutions Pvt. Ltd. All Rights Reserved Tally Solutions Pvt. Ltd. 331 - 336, Raheja Arcade Koramangala Bangalore - 560 095 Tel : +91 (80) 30282559 Fax : +91 (80) 30287329 Email: sales@tallysolutions.com Thank you