Wrong calculation of cst
This query is : Resolved
27 May 2016
When I feeding cst with excise and freight charge then cst is calculating on excise only in Tall.Please someone help so that cst can be calculated on Excise+Freight Charge.
27 May 2016
You have to change in Freight Ledger in Tally as Group by "Direct Expense" and in Statutory information Type "Yes" to Use for assessable Value calculation and in apportion for "VAT" and in Method of Apportion "Based on Value". You problem will be solved. Try it.
28 May 2016
But this change creat a new problem.Excise calculation effecting wrong,i.e., excise duty being calculated on basic price only not on (Excise Duty+Freight Charge).
What I need - Excise Duty will charge on (Basic Price + Freight) and CST will charge (Basic Price+freight+Excise Duty)
Please tell me what are the changes should be made.
What I need - Excise Duty will charge on (Basic Price + Freight) and CST will charge (Basic Price+freight+Excise Duty)
Please tell me what are the changes should be made.
28 May 2016
Let me Try...!!! I will try and revert here...!!! Till please wait..!!!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
