Tally erp 9 - cst query

This query is : Resolved

Guest

Guest (Querist)

07 January 2013 PURCHASES - RS.100000
DISCOUNT - RS.10000
CST @1% - RS.900(ON NET PURCHASES)

Please define what should I do so that the CST is recorded @ 1% on RS.90000 and not on Rs. 100000. Manual filling on Rs.900 is also not working.

Thanks.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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07 January 2013 you can account only Rs.90000 as purchase, because the trade discount generally no need to account. or

book the total purchase as 100000 and also pass the debit note for 10000 with both entry effecting the CST

Guest

Guest (Querist)

07 January 2013 What if I record that 10000 as Rebate & Discount ??

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CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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07 January 2013 of course you can record the 10000 as rebate

Guest

Guest (Querist)

07 January 2013 If I record that Rs.10000 as rebate & discount then also the C.S.T is getting calculated @ 1 % on Rs.100000.