How to Generate VAT, Excise, Service Tax, TDS, TCS Returns up to 30th June 2017 in Tally

You can generate your returns for the transactions recorded till 30th June 2017, in Release 6.x.

Upgraded from Release 5.x – Generate returns in 6.x, following the procedure used in Release 5.x.

From Release 4.x and below, to Release 6.0.2 with installation in a new folder

Case 1: Resolve exceptions in Release 6.0.2, and generate returns.

Case 2: Restore the data backed up while moving to Release 6.x in Release 4.x to a different folder, and generate returns. Release 4.x installation continues to be in the old folder.

From Release 4.x and below, to Release 6.x installation with in the same folder

Case 1: Started using Release 6.x before 1-Jul-17, resolve exceptions in Release 6.x, generate returns.

Case 2: Started using Release 6.x after 30-Jun-17, you can generate returns from Release 4.x.

For this, you install Release 4.93 in a different folder, configure license, restore the data backed up while moving to Release 6.x in a different folder, and generate returns.

Note: If you had been sharing the backup of your data or MS Excel files of purchase and sales registers with your chartered accountant earlier, you can continue to do the same in Release 6.x.

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Generating Returns in Release 6.x

VAT

To view the VAT/CST reports and generate the return

1.    Go to Gateway of Tally > Display > Statutory Reports > VAT/CST > select the required report.

After you upgrade from Release 4.x to Release 6.x, you may find your transactions listed under Incomplete/mismatch in information (to be resolved).

2.    Select Incomplete/mismatch in information (to be resolved) and press Enter.

3.    Resolve all exceptions to include the transactions in the return.

4.    Once all exceptions are resolved, you can print the return (press Ctrl+P) or export data to the return formats provided by the state selected for VAT compliance.

Excise for Manufacturers

To view the excise reports and generate the return

1.    Go to Gateway of Tally > Display > Statutory Reports > Excise Forms > select the required report.

After you upgrade from release 4.x to Release 6.x, you may find your transactions listed under Uncertain Transactions.

2.    Select Uncertain Transactions and press Enter.

3.    Resolve all exceptions of Form ER1 or ER3 or ER8 or ER8-Jewel to include the transactions in the return.

4.    Once all exceptions are resolved, save the report, print the return (press Ctrl+P), and export it in xml format to file your excise returns.

Excise for Traders (Dealer/Importer)

To view the excise report for dealer/importer and generate the return

1.    Go to Gateway of Tally > Display > Statutory Reports > Excise Forms > Dealer > Form-2.

2.    Select the excise tax unit to view the report.

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After you upgrade from release 4.x to Release 6.x, you may find your transactions listed under Uncertain Transactions.

3.    Select Uncertain Transactions and press Enter.

4.    Resolve all exceptions to include the transactions in the return.

5.    Once all exceptions are resolved, save the report, and export the data in xml format or to e-return template for filing returns.

Service Tax

To view the service tax report and generate the return

1.    Go to Gateway of Tally > Display > Statutory Reports > Service Tax Reports > Form ST3.

2.    After you upgrade from Release 4.x to Release 6.x, you may find your transactions listed under Uncertain Transactions.

3.    Select Uncertain Transactions and press Enter.

4.    Resolve all exceptions to include the transactions in the return.

5.    Once all exceptions are resolved, save the report and file your returns.

TDS and TCS

If you have transactions of TDS and TCS in the data maintained in Release 4.x, after upgrading to Release 6.x, you need to:

     Resolve the exceptions of TDS and TCS transactions.

     File returns for TDS and TCS.

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