Tally enterty

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 May 2011 Good Evening to all CA Club Members
sir, I received a tax invoice bill which confused me
the detail of bill is given below
Total sale value before add VAT tax Rs. 8,019/-
Add Vat @ 12.5% Rs. 802/-
Grand Total Rs. 8822/-
I asked him about this, he tell me that he raised vat tax amount after deduct 20 % of sale value of Rs. 8019/- (on Rs.6415/-)
So, what entry should be passed in the tally with the ledger amount and group?
Sir if the bill is right made. so, please provide the information what is the logic/rule.

Sir the supplier is registered in delhi state.

sanjeev bhardwaj

sanjeev bhardwaj (Expert)
Follow

09 May 2011 Please tell the state where the supplier is registered and the nature of goods purchased, because exemption from vat depends on the state and items.