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What is VAT Commodity in Tally ERP 9


When you dealing with VAT in Tally ERP 9, it is the best way to create VAT Commodity for a group of stock items which are listed in VAT Goods by the Commercial Tax Department of your State. In this article i tell you the process how to do so. I have selected Andhra Pradesh State VAT Goods. Lets remind that what are the things to do before this. You need to enable your Company for working with VAT Accounting. And after that you need to create Stock Items, Purchase and Sales Ledgers and finally VAT calculation Ledgers known as Input VAT and Output VAT Ledgers.

VAT Commodity Creation in Tally ERP 9

However, it is not mandatory to create the VAT Commodity. It is an optional point if not need to provide Commodity wise reporting.

Follow the below point to compete this task even you see the above image for your reference.

  1. Open Tally ERP 9
  2. Load or Open the Company where you want to create VAT Commodity.
  3. Select Inventory Info from Gateway of Tally under Masters.
  4. Select VAT Commodity and finally click on Create.
  5. And You need to give the details such as Name and VAT details such as Commodity Code, Schedule Number, and Schedule Serial Numbers. Finally accept the changes.

Next move on to the VATable Stock Item Creation here you can refer your VAT Commodity which you created just now.

Note: If you want to make some changes to the existing VAT Commodity Select Alter instead of Create option from VAT Commodity Menu.Note: You can get VAT Commodity Details like Schedule and the Serial Numbers from the Commercial Taxes Department Website of your State.

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