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how to make entry vat computation/vat payable refundable in
tally 9?

Answers were Sorted based on User's Feedback

how to make entry vat computation/vat payable refundable in tally 9?..

Answer / ashok kumar

output vat a\c dr.
to intput vat a\c
to vat payable

 Is This Answer Correct ? 94 Yes 9 No

how to make entry vat computation/vat payable refundable in tally 9?..

Answer / naresh sharma

VAT OUT PUT A/C DR 500
TO VAT INPUT CR 400
TO VAT PAYBLE 100

WHEN WE HAVE RECOVERBLE
VAT OUT PUT 300
TO VAT INPUT 500
TO REFUND 200

 Is This Answer Correct ? 32 Yes 8 No

how to make entry vat computation/vat payable refundable in tally 9?..

Answer / arun kumar

If VAT & CST Payable
Output VAT & CST Dr.
Input VAT Cr.
VAT & CST Payable / Refundable Cr. (Bal. Figure)

If VAT & CST Refundable
Output VAT & CST Dr.
VAT & CST Payable / Refundable Dr.
Input VAT Cr.

 Is This Answer Correct ? 25 Yes 3 No

how to make entry vat computation/vat payable refundable in tally 9?..

Answer / anshul

Output VAT Dr.
Vat Refundale (balancing figure)

To Input Vat Cr.
To Vat Payable (balancing figure)

 Is This Answer Correct ? 33 Yes 16 No

how to make entry vat computation/vat payable refundable in tally 9?..

Answer / lakshman

tobe payble vat to gorvnment so it is payable(its going on
in future present not paid vat,present this is current
liability)

 Is This Answer Correct ? 16 Yes 5 No

how to make entry vat computation/vat payable refundable in tally 9?..

Vat Payble A/C DR

TO INPUT VAT A/C CR

(Being input vat utilised)

 Is This Answer Correct ? 20 Yes 11 No

how to make entry vat computation/vat payable refundable in tally 9?..

Answer / anju

input vat dr 1000
to outputvat cr 500
to vat payable cr 500

 Is This Answer Correct ? 11 Yes 3 No

how to make entry vat computation/vat payable refundable in tally 9?..

Answer / jagan mohini

out put vat a/c dr
to input vat
to vat payable a/c

 Is This Answer Correct ? 6 Yes 5 No

how to make entry vat computation/vat payable refundable in tally 9?..

Answer / laxman

sales always output vat,purchase belongs to input vat.

entry is

output vat dr (Assets)
to input vat
to vat payable(current liability)

 Is This Answer Correct ? 8 Yes 8 No

how to make entry vat computation/vat payable refundable in tally 9?..

Answer / karthik

vat refundable in tally entry

input vat dr

to bank

 Is This Answer Correct ? 10 Yes 13 No

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