This feature enables you to set the Statutory Features required for the Company Operations. This option is enabled only if a country is selected from the list of countries under the field Statutory Compliance for in the Company Creation screen..
Go to Gateway of Tally.ERP > F11: Features > F3: Statutory & Taxation
Note: The different features are available depending on the country you have selected in the Company Creation screen
The following features are available on selecting India in the Company Creation screen.
Set/Alter VAT Details
Set these option to Yes, to enable the VAT features for the company. Refer Value Added Tax for more details.
Set these options to Yes, to enable/alter the Excise for Dealers feature. Refer Excise for Dealers for further information.
Follow Excise rules for Invoicing
Set this option to Yes, to follow Excise rules for invoicing. The Company Excise Details screen is displayed as shown:
Provide the above Excise information, for it to be printed on invoices and Accept, Yes to save.
Set/Alter Service Tax Details
Set these option to Yes to enable the Service Tax features for the company. Refer Service Tax for further details.
Set/Alter TCS Details
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