GST Sales Using Tally.ERP9

Simplest way to learn GST in Tally.ERP9

Recording GST Local Sales and Printing Invoices in Tally.ERP9

Once you activate GST in your company, you can record the sale of goods and services (outward supply) that attract GST using a sales voucher. Ensure that you provide unique voucher numbers for your sales vouchers, and use a new series of voucher numbering.

Recording IGST-Inter-State Sales (Outside Sale) in Tally.ERP9

GST Sale of Goods and Services in a Single Invoice in Tally.ERP9

GST Sales with Indirect Expenses & Incomes in Tally.ERP9

Nil-Rated GST Sales in Tally.ERP9

The sales of nil-rated goods to a local or interstate customer does not attract GST, and can be recorded using a sales voucher. In the masters of the goods or services classified as nil rated (0%), Taxability should be set to Nil Rated in the GST Details screen.

Exempted GST Sales in Tally.ERP9

The local or interstate sale of goods or services exempted from GST can be recorded using a sales voucher. In the masters of the exempted goods or services, Taxability should be set to Exempt in the GST Details screen.

SEZ (Special Economic Zone) GST Sales in Tally.ERP9

The sale of goods and services to a party in an SEZ can be recorded using a sales vouchers. In an SEZ sales transaction, taxes are applicable based on the type of sale:

Deemed Export under GST in Tally.ERP9

Deemed exports are defined as transactions in which the supply and manufacture of goods takes place within India. Essentially, deemed exports refer to the supply of goods to end-exporters

GST Sales to Consumers - Taxable and Exempt in Tally.ERP9

You can record sales to consumers (end users of your goods or services) and unregistered dealers, using a sales invoice.

GST Sales Involving Consignee (Ship To) and Buyer (Bill To) in Tally.ERP9

In Tally.ERP 9, you can record GST sales where a consignee and a buyer are involved. Here, the goods are sent to the consignee, and the bill is sent to the buyer

GST Sale of Works Contract Services in Tally.ERP9

Sales of Composite Supply Under GST (Expense Apportioning) in Tally.ERP9

You can record the sales of a composite supply using a sales invoice. The rate of tax applicable on the principal supply will be considered as the rate of tax for the composite supply.

Sales of Mixed Supply Under GST in Tally.ERP9

You can record the sales of a mixed supply using a sales invoice. For this, create a new stock item to account for the bundle of items. The tax of the highest-rated item in the bundle is applicable for this bundled unit.

Export Sales under GST in Tally.ERP9

You can record the export of goods using a sales vouchers.

Sales Returns under GST in Tally.ERP9

You can record sales returns (both local and interstate) against an earlier sales transaction using a credit note

Reverse Charge on Sales of Goods and Services under GST in Tally.ERP9

You can record the sale of goods and services categorised as reverse charge supplies without any tax implications. In the sales invoice printout, you can view the tax break-up in the tax analysis section, with a note regarding the invoice value being subject to reverse charge. The transactions will be captured in the B2B invoices section of the GSTR-1 report, with the tax break-up of the buyer's liability.

Tax Liability on Advance Receipts against GST Sales in Tally.ERP9

When advance is received and an invoice is not recorded against the advance in the same period, the taxable person has to pay tax on the amount of advance received. Over a taxable period, keeping track of the advance received and creating tax liability for such an amount will be a difficult task.

Sales Inclusive of Tax in Tally.ERP9