GST Activation In Tally ERP9

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GST Introduction

Example of GST No.  :  27ASDFG1234A1Z5


It is created as follows :

State Code  :  27
PAN No.  :  ASDFG1234A
Entity No. of the same PAN-Holder in the State  :  1
Alphabet by default  :  Z
Check sum digit  :  5

 GST Activation :

 F11 Accounting Features - Integrate a/c no. Inventory – Yes
F3 Statutory and Taxation
GST- Yes,   GST details - Yes

State  -  Maharashtra
Registration Type  -  Regular
GSTIN/UIN  -  27ASDFG1234A1Z5
Applicable From  -  1/7/2017
Set Alter GST Rate Details  -  Yes
GST Classification Enable  -  Yes
Provide LUT Bond Details  -  No (Letter Of Undertaking) ; Use - Without GST material export then use this option


GST Rate Details - Two Types Setting
      
      1)  Company Level    :  Yes (We Use This Level) 
        
       Tax Details :
       Taxability - 
  • Exempt : Out Of GST Law (No GST this item)
  • Nil Rate : GST Law under (GST Rate 0%)
  • Taxable : GST 5%, 12%, 18% It’s rate all stock items
Taxable - Purchase & Sales Taxable (Intrastate purchase &sales Within Maharashtra)
  • Integrate tax : 18%
  • Central tax : 9 %
  • State tax : 9%
  • CESS : 0%
Tax Rate - Interstate Purchase & Sales Taxable (Within  Maharashtra to other State E.g.: Karnataka, Goa)
  • Press F12 - show all GST types option – No
  • Integrate tax : 28%
  • CESS : 0%
     2)  Account Level : This level use for different Tax Rate

Stock Item Activation :

GST applicable - Yes
HSN/SAC Details -
Description : Stock Items Types (Food Items, Daily Use Items)
HSN Code : (Harmonies System Moment) use for these goods
SAC Code : (Services Accounting Code) use for these services

Tax Details - 
Calculation Type :
  • On Value
  • On Item Rate
Taxability -  Taxable
Type of supply  :    
  • Goods
  • Service
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