Hi freinds,
We are purchasing rawmaterial in that time we are going to menction tax ie
Excise duty, education cess, Higher education cess, Vat or cst finally total figure will come
the actuall entery is
Inventory a/c dr xxxxxx
excise duty a/c dr xxxxxx
cess a/c dr xxxxxx
vat a/c dr xxxxxx
to Vendor a/c xxxxxx
how to configure this input tax
please letme know this problem.
Thankyou