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FAQ-28 ( VAT / CST ):

How to Generate VAT Commodity Computation Report ?

Query

 

How to generate VAT Commodity Computation Report?

 

Solution:

 

The feature of VAT Commodity Computation has been introduced in Tally.ERP 9 Series A Release 1.6. In the VAT Commodity Computation report, the commodity-wise break-up assessable value and tax amount of stock items invoiced using the respective VAT/Tax classification will be displayed.

 

To view the Commodity-wise Computation report,

Go to Gateway of Tally > Display > Statutory Reports > VAT Reports

 

 

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Click on VAT Commodity. The Commodity Report menu displays as shown:

 

 

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Select Purchases from the Commodity Report menu to view Commodities purchased as shown:

 

 

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Similarly, select Sales to view the Commodity-wise break-up of stock items invoiced as shown:

 

 

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The Commodity-wise Computation report can also be generated from VAT Computation screen.

 

Generating Commodity-wise Computation Report from VAT Computation

 

In VAT Computation screen click on F4: Commodity Report button.

 

 

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Select Purchase or Sales from the Commodity Reports list and press Enter key to view the report.

 

 

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