Tally ERP 9 With GST Notes: Mr. Rahul K Pathak
Tally ERP 9 With GST Notes: Mr. Rahul K Pathak
Tally ERP 9 With GST Notes: Mr. Rahul K Pathak
CGST and SGST both will be levied on intra-state supply of goods and
services while IGST will be applicable on inter-state supply of goods and
services in India. Since it is a destination based tax, it will be levied at all
stages right from manufacturer up to the final consumer with credit of
taxes paid at previous stages available as set off. In short, tax will be
levied only on value addition and the final burden of tax will be borne
by the ultimate consumer.
Both CGST and SGST are planned to be levied on same tax base. While
CGST is expected to replace all central indirect taxes like Excise Duty
and Service Tax etc., SGST is expected to make VAT, Entertainment Tax
(other than the one levied by Local Body), Luxury Tax, Purchase Tax,
Octroi /Entry Tax, cess and surcharges, taxes on lottery or betting etc.
redundant. However, certain goods like human consumable alcohol,
tobacco products, motor fuels, crude petroleum, natural gas, aviation
turbine fuel will still be chargeable to Excise Duty.
GST
F11F3Activate Enable Good & Services Tax(GST)
Activate Set/Alter GST Details
GatewayAccounts InfoLedgerCreate
Name Raj InfoTech
Under Sundry Creditor
Address Gulabbagh Purnia Bihar
State Bihar
Set/Alter GST Details Yes
Registration type Regular
GSTIN/UIN 10AABEDSH10BR02
Name C GST
Under Duties & Taxes
Types of Duty/Tax GST
Tax Type Central Tax
Types of Supply Goods
Inventory values are affected No
Percentage of Calculation 0%
Name S GST
Under Duties & Taxes
Types of Duty/Tax GST
Tax Type State Tax
Types of Supply Goods
Inventory values are affected No
Percentage of Calculation 0%
Name I GST
Under Duties & Taxes
Types of Duty/Tax GST
Tax Type Integrated Tax
Types of Supply Goods
Inventory values are affected No
Percentage of Calculation 0%
Stock Item
GatewayInventory InfoStock ItemCreate
Name Monitor
Under Computer Parts
Units Qty
GST Applicable Applicable
Set/Alter GST Details Yes
Description Monitor
HSN/SAC 01236
Calculation Type On Value
Taxability Taxable
Integrated Tax 12%
Central Tax 6%(Auto)
State Tax 6%(Auto)
Name LG AC
Under AC
Units Qty
GST Applicable Applicable
Set/Alter GST Details Yes
Description LG AC
HSN/SAC 02458
Calculation Type On Value
Taxability Taxable
Integrated Tax 18%
Central Tax 9%(Auto)
State Tax 9%(Auto)
Name Samsung AC
Under AC
Units Qty
GST Applicable Applicable
Set/Alter GST Details Yes
Description Samsung AC
HSN/SAC 04852
Calculation Type On Value
Taxability Taxable
Integrated Tax 18%
Central Tax 9%(Auto)
State Tax 9%(Auto)
Name Kalakand
Under Food Product
Units Pkt
GST Applicable Applicable
Set/Alter GST Details Yes
Description Kalakand
HSN/SAC 04857
Calculation Type On Value
Taxability Taxable
Integrated Tax 5%
Central Tax 2.5%(Auto)
State Tax 2.5%(Auto)
Name Rasgulla
Under Food Product
Units Pkt
GST Applicable Applicable
Set/Alter GST Details Yes
Description Rasgulla
HSN/SAC 25552
Calculation Type On Value
Taxability Taxable
Integrated Tax 5%
Central Tax 2.5%(Auto)
State Tax 2.5%(Auto)
Purchase-F9
Date Particulars
SalesF8
Sold 25 Nos. Monitor @ Rs.7500/- each, Acer Laptop 10 Nos.
@32500/- each & 10 Nos. Asus Laptop @ 28500 to Computer
02-07-17 Solution+12% GST Applicable Vide Bill No. RCA/001/17-18/001
GST Report
Getaway of TallyDisplayStatutory ReportGSTGSTR-1/2/3B