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Swatch Bharat cess in Tally ERP 9
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Swatch Bharat cess in Tally ERP 9

Swatch Bharat cess in Tally ERP 9

Swatch Bharat cess is a cess applicable form 15 nov 2015

there are following steps to be follow for swatch bharat cess in release 4.9 in Tally

  • have a seprate ledger for ledger for service tax
  • do not use a common tax ledger (configure with tax ledger as any) if you are using a common tax ledger create a new ledger for service tax.
  • group Duties and taxes
  • type of duties service tax
  • Tax head service tax

Note : do not change service tax ledger to Any to service tax f the ledger has been used in the period before June 2015, as Education Cess and Secondary Higher Education Cess were applicable on all Taxable Services before June 2015. Hence, it is suggested to create a new ledger with Tax Head as Service Tax.

Now create new ledger with name swatch bharat cess

  • Group:- Duties and Taxes / Current Assets
  • Type of duty/tax: – Others
  • Percentage of calculation: – 0.5%
  • Method of calculation: – On Total Sales

Now Pass the journal entry as  and specify the value of Swachh Bharat Cess.

You can now pass using journal entry the Service Tax and Swachh Bharat Cess ledgers. Specify the value of Swachh Bharat Cess manually .

now note the following.

Note:

  1. In Sales/Purchase invoice configuration (From the invoice, click I: Item invoice and click F12: Configure), ensure that ‘Calculate tax on current sub total’ is set as No becauseif this option is set as Yes, the value of Swachh Bharat Cess shown will be wrong.
  2. In Release 4.9x, you will not be able to generate the Challan or file Returnsas per the updated format for capturing Swachh Bharat Cess details.

 

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