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Central Sales Tax in Tally.ERP 9

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Central Sales Tax in Tally.ERP 9

Physical & E-Returns

(State-Specific)

ClassificationBased Calculations

Inter-State Trade - Returns

Invoicing withDeclaration Forms

Inter-State Sales

Inter-StatePurchases

Central Sales Tax

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Features of Central Sales Tax

• Inter-State trade with Declaration Forms

• Accurate CST calculation

• Determine CST Liability

• Generate Reminder and Covering Letter

• Meets all accounting and statutory norms

• Statutory CST Reports

• Generation of E-Returns

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Inter-State Trade – Declaration Forms

• Invoice transactions by selecting:

Form C – Inter-State Trade

Form E1/E2 – Transit Purchases/Sales

Form I – Sales to Special Economic Zones

Form H – Deemed Exports

Form F – Consignment/Branch Transfers Outside the State

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Accurate CST Calculation

• CST calculation based on VAT/Tax classifications

• Provision to enter multiple CST rates in a single invoice

• Classification based Commodity-wise computation consisting of:

• Inter-State trade

• Exports, Deemed Exports and Imports

• Stock transferred as Consignment/Branch Transfers

• Classification based Registers for Interstate Purchases and Sales

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Determine CST Liability

• Adjust CST dues against Input Tax Credit

• VAT Computation report showing CST liability

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Generate Reminder and Covering Letter

• Generate Reminder Letter on Non-receipt of Declaration Forms

• Generate Covering Letter confirming the receipt of Declaration Forms

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Meets all Accounting and Statutory norms

• Seamless integration with Accounts & Inventory

• Meets all Statutory Requirements of CST Act

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Statutory CST Reports

• Central Sales Tax returns:

• Physical Returns for 19 States/Union Territories

• E-CST Returns for 9 States

• Supporting Annexures for CST Forms

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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

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

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