diff --git a/erpnext/patches.txt b/erpnext/patches.txt
index f961a5b..855358e 100644
--- a/erpnext/patches.txt
+++ b/erpnext/patches.txt
@@ -446,3 +446,4 @@
 erpnext.patches.v8_9.set_default_customer_group
 erpnext.patches.v8_9.remove_employee_from_salary_structure_parent
 erpnext.patches.v8_9.delete_gst_doctypes_for_outside_india_accounts
+erpnext.patches.v8_9.set_default_fields_in_variant_settings
\ No newline at end of file
diff --git a/erpnext/patches/v8_9/set_default_fields_in_variant_settings.py b/erpnext/patches/v8_9/set_default_fields_in_variant_settings.py
new file mode 100644
index 0000000..a550d09
--- /dev/null
+++ b/erpnext/patches/v8_9/set_default_fields_in_variant_settings.py
@@ -0,0 +1,13 @@
+# Copyright (c) 2017, Frappe and Contributors
+# License: GNU General Public License v3. See license.txt
+
+from __future__ import unicode_literals
+import frappe
+
+def execute():
+	frappe.reload_doc('stock', 'doctype', 'item_variant_settings')
+	frappe.reload_doc('stock', 'doctype', 'variant_field')
+
+	doc = frappe.get_doc('Item Variant Settings')
+	doc.set_default_fields()
+	doc.save()
\ No newline at end of file
diff --git a/erpnext/setup/setup_wizard/setup_wizard.py b/erpnext/setup/setup_wizard/setup_wizard.py
index d3e4a08..bf92217 100644
--- a/erpnext/setup/setup_wizard/setup_wizard.py
+++ b/erpnext/setup/setup_wizard/setup_wizard.py
@@ -33,6 +33,7 @@
 	create_feed_and_todo()
 	create_email_digest()
 	create_letter_head(args)
+	set_no_copy_fields_in_variant_settings()
 
 	if args.get('domain').lower() == 'education':
 		create_academic_year()
@@ -354,6 +355,12 @@
 			fileurl = save_file(filename, content, "Letter Head", _("Standard"), decode=True).file_url
 			frappe.db.set_value("Letter Head", _("Standard"), "content", "<img src='%s' style='max-width: 100%%;'>" % fileurl)
 
+def set_no_copy_fields_in_variant_settings():
+	# set no copy fields of an item doctype to item variant settings
+	doc = frappe.get_doc('Item Variant Settings')
+	doc.set_default_fields()
+	doc.save()
+
 def create_logo(args):
 	if args.get("attach_logo"):
 		attach_logo = args.get("attach_logo").split(",")
diff --git a/erpnext/stock/doctype/item_variant_settings/item_variant_settings.js b/erpnext/stock/doctype/item_variant_settings/item_variant_settings.js
index cd7d8a4..77ccfd0 100644
--- a/erpnext/stock/doctype/item_variant_settings/item_variant_settings.js
+++ b/erpnext/stock/doctype/item_variant_settings/item_variant_settings.js
@@ -4,9 +4,12 @@
 frappe.ui.form.on('Item Variant Settings', {
 	setup: function(frm) {
 		const allow_fields = [];
+		const exclude_fields = ["item_code", "item_name", "show_in_website", "show_variant_in_website", "standard_rate"];
+
 		frappe.model.with_doctype('Item', () => {
 			frappe.get_meta('Item').fields.forEach(d => {
-				if(!in_list(['HTML', 'Section Break', 'Column Break', 'Button'], d.fieldtype) && !d.no_copy) {
+				if(!in_list(['HTML', 'Section Break', 'Column Break', 'Button'], d.fieldtype)
+					&& !d.no_copy && !in_list(exclude_fields, d.fieldname)) {
 					allow_fields.push(d.fieldname);
 				}
 			});
diff --git a/erpnext/stock/doctype/item_variant_settings/item_variant_settings.json b/erpnext/stock/doctype/item_variant_settings/item_variant_settings.json
index 226a07c..a29137c 100644
--- a/erpnext/stock/doctype/item_variant_settings/item_variant_settings.json
+++ b/erpnext/stock/doctype/item_variant_settings/item_variant_settings.json
@@ -18,7 +18,7 @@
    "bold": 0, 
    "collapsible": 0, 
    "columns": 0, 
-   "fieldname": "variant_fields", 
+   "fieldname": "copy_fields_to_variant", 
    "fieldtype": "Section Break", 
    "hidden": 0, 
    "ignore_user_permissions": 0, 
@@ -27,7 +27,7 @@
    "in_global_search": 0, 
    "in_list_view": 0, 
    "in_standard_filter": 0, 
-   "label": "Variant Fields", 
+   "label": "Copy Fields to Variant", 
    "length": 0, 
    "no_copy": 0, 
    "permlevel": 0, 
@@ -84,8 +84,8 @@
  "issingle": 1, 
  "istable": 0, 
  "max_attachments": 0, 
- "modified": "2017-08-29 16:38:49.467749", 
- "modified_by": "Administrator", 
+ "modified": "2017-09-11 12:05:16.288601", 
+ "modified_by": "rohit@erpnext.com", 
  "module": "Stock", 
  "name": "Item Variant Settings", 
  "name_case": "", 
diff --git a/erpnext/stock/doctype/item_variant_settings/item_variant_settings.py b/erpnext/stock/doctype/item_variant_settings/item_variant_settings.py
index 26e08d1..1cc7c21 100644
--- a/erpnext/stock/doctype/item_variant_settings/item_variant_settings.py
+++ b/erpnext/stock/doctype/item_variant_settings/item_variant_settings.py
@@ -3,7 +3,18 @@
 # For license information, please see license.txt
 
 from __future__ import unicode_literals
+import frappe
 from frappe.model.document import Document
 
 class ItemVariantSettings(Document):
-	pass
+	def set_default_fields(self):
+		self.fields = []
+		fields = frappe.get_meta('Item').fields
+		exclude_fields = ["item_code", "item_name", "show_in_website", "show_variant_in_website", "standard_rate"]
+
+		for d in fields:
+			if not d.no_copy and d.fieldname not in exclude_fields and \
+				d.fieldtype not in ['HTML', 'Section Break', 'Column Break', 'Button']:
+				self.append('fields', {
+					'field_name': d.fieldname
+				})
\ No newline at end of file
diff --git a/erpnext/stock/doctype/item_variant_settings/test_item_variant_settings.py b/erpnext/stock/doctype/item_variant_settings/test_item_variant_settings.py
new file mode 100644
index 0000000..9a800c0
--- /dev/null
+++ b/erpnext/stock/doctype/item_variant_settings/test_item_variant_settings.py
@@ -0,0 +1,9 @@
+# -*- coding: utf-8 -*-
+# Copyright (c) 2017, Frappe Technologies Pvt. Ltd. and Contributors
+# See license.txt
+from __future__ import unicode_literals
+
+import unittest
+
+class TestItemVariantSettings(unittest.TestCase):
+	pass