Value Added Tax(VAT) in Tally ERP.9

                         Value Added Tax(VAT) in Tally ERP.9

Lesson Objectives

On completion of this lesson, You will be able to: 

• Enable and configure VAT in Tally ERP.9
• Create ledgers and vouchers using different VAT classifications
• Generate and print VAT reports and challans

Value Added Tax (VAT)is basically an indirect tax which is levied at every level of production and distribution of goods in the home market . It is added as a percentage charges based on asses sable value that is added by the value additions done by each dealer. 

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