VAT in Structure making..........

rinki123

Ques:Why "VAT" given as calculation type in structure card????????????? because when I select it in calculation type its not working, I always use Sales Tax for VAT Taxation purpose, but VAT Register and other VAT report still unaffected.I think if I am able to use this "VAT" as calculation type in structure "VAT report" will autometically update.

Deep

If you are using IN version, then only sales tax type is used for both Sales Tax and VAT calculation. The VAT setup from WW version and is not used in IN version.

chengalasettyvsrao

rinki123 wrote:

Ques:Why "VAT" given as calculation type in structure card????????????? because when I select it in calculation type its not working, I always use Sales Tax for VAT Taxation purpose, but VAT Register and other VAT report still unaffected.I think if I am able to use this "VAT" as calculation type in structure "VAT report" will autometically update.

you have to look in to the following reports to have the expected results regarding the IN VAT / CST reports.

Sales Book Vat
Purchase Book Vat
Intra - State Purchases and Sales
Inter -State Purchases and Sales

rinki123

chengalasettyvsrao wrote:

rinki123 wrote:

Ques:Why "VAT" given as calculation type in structure card????????????? because when I select it in calculation type its not working, I always use Sales Tax for VAT Taxation purpose, but VAT Register and other VAT report still unaffected.I think if I am able to use this "VAT" as calculation type in structure "VAT report" will autometically update.

you have to look in to the following reports to have the expected results regarding the IN VAT / CST reports.

Sales Book Vat
Purchase Book Vat
Intra - State Purchases and Sales
Inter -State Purchases and Sales

Thanks for suggesting these Reports name.
Now one thing,I want to ask why "VAT" is not working when creating a sturcture with "VAT"(as calculation type in structure card)????????????

rinki123

chengalasettyvsrao wrote:

rinki123 wrote:

Ques:Why "VAT" given as calculation type in structure card????????????? because when I select it in calculation type its not working, I always use Sales Tax for VAT Taxation purpose, but VAT Register and other VAT report still unaffected.I think if I am able to use this "VAT" as calculation type in structure "VAT report" will autometically update.

you have to look in to the following reports to have the expected results regarding the IN VAT / CST reports.

Sales Book Vat
Purchase Book Vat
Intra - State Purchases and Sales
Inter -State Purchases and Sales

ssingla

You people need to understand as already explained in this post and in numerous posts in the forum that VAT setup of W1 version does not work in Indian scenario. You have to use the sales tax functionality which will calculate VAT & CST as per Indian requirements.

rinki123

ssingla wrote:

You people need to understand as already explained in this post and in numerous posts in the forum that VAT setup of W1 version does not work in Indian scenario. You have to use the sales tax functionality which will calculate VAT & CST as per Indian requirements.

Thanks