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14. Purchase (12%, 18%) for Local and Inter-state

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• Step 4

Gateway of Tally - Voucher - Press F9
Transaction-1 (B2B local Invoice)

➢ Purchase 40 Pcs jeans from Mr. Vikram @ Rs 800. (GST Invoice- Local)

Note - If Want to Show tax Analysis Report - Press (Ctrl+ I) and then Type Tax Analysis for
details. (Alt + F1) for details

• Press Esc key for Exit Report and Pass voucher

Transaction-2 (B2B Inter-state Invoice)

➢ Purchase 40 Pcs Bluetooth @ Rs 500 / Mobile charges 35 Pcs @ Rs 40 and Shirt 90
Pcs @ Rs. 250 each from Narender (GST Invoice-Inter State)

Note - Press F12 in Voucher and set for Multiple Ledger of Purchase with different tax rate.

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• Pass Purchase Ledger as per Group Tax define -

• For Tax Analysis Report - Press Ctrl + I and Type Tax Analysis - for Details press Alt+F1

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➢ Now Check GSTR2 Report

Total ITC Available is Rs 10,392 Rs.
• Press Enter on B2B Invoice for party wise Details Tax summary

• Step 5

Gateway of Tally - Accounting Voucher - Press F8
Transaction-1 (B2B local Invoice-Sales)

• Sold Goods to Gagan 30 Pcs Bluetooth Device @ Rs 1200 each and Jeans 19 Pcs @
900 Per Pcs.

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• After set Local Tax rate in Item - Pass - Taxes Ledger for GST Calculation

• Press (Ctrl+ I) and type tax Analysis Report - Enter- and then (Alt + F1) for Details

Transaction-2 (B2B Inter-State Invoice-Sales)
• Sold Goods to Lalit Sharma 40 Pcs Shirt @ Rs 800 each and Mobile charges 20 Pcs @ 70.

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• After set Inter-state Sales in Item - Pass - Taxes Ledger for IGST Calculation

• Press (Ctrl+ I) and type tax Analysis Report - Enter- and then (Alt + F1) for Details

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➢ After Sales Entries , Check GSTR1 Report

• Press Enter for B2B invoice for Part-wise Tax details
• Total tax on Sales is 12,624 and ITC on Purchase is 10,392,so we pay tax to the

government Sales tax - Purchase tax = 2,232
• Check Balance sheet for Taxes Payable (Alt + F1) show all in Details.

➢ Sold Goods to Tarun 10 Pcs Jeans @ 1000 Rs each (GST Applicable as per item) on
2nd April (Change Date by F2)

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• After Sales Check GSTR1 Report

• B2C (Local-Interstate sales) Sales Less than 2,50,000
➢ If Inter-state Sales is Above 2,50,000 (Including Tax) it Show under B2C (Large)

Invoice
➢ Purchase 20 Pcs Sherwani @ Rs 19,000 Each from Mr.Vikram - Local Purchase

(Note- Create Item - By Press Alt+C In invoice Under- Garments.)

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➢ Sold 10 Pcs Sherwani @ Rs 22,500 Per Pcs.to Mr. Vinay

➢ Check GSTR1 Report

• Balance sheet Report for Tax

• No Tax Payment (Already ITC of 15,168 Rs)

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GST - Group Tax (Practical)

Q- Calculate GST Payable According to Group wise GST Applicable on following Group –
GST No – 07AAACB5343E1Z3 (Delhi)

Group TAX Rate
12%
Furniture 18%
Electronics 5%
Garments

Purchase from Mr. AvinashLocal(Delhi) - GST No - 07AABCB1043Q1ZO on 1st July
• 20 PCS T-Shirt ,XL @ Rs 450 Each (Discount - 3%)
• 10 PCS Chair, Plastic @ Rs 600 Each (Discount - 5%)
• 20 PCS Juicer and Mixer @ Rs 1800 Each

Purchase from Mr. Tukaram Inter-state(Uttarakhand) - GST No - 05AABCD1821C1ZH on
1st July

• 15 PCS Shirt, XXL @ Rs 600 Each
• 20 PCS Table, Wood @ Rs 1200 Each
• 5 PCS Electric door Lock @ Rs 1500 Each

(Discount on above item 2%)

Purchase from Mr. Suresh Inter-state(Andhra Pradesh) - GST No - 37AABCS1429B1ZT
on 2nd July

• 10 PCS Track Suit, Puma @ Rs 1100 Each
• 10 PCS Jeans, FLU @ Rs 900 Each
• 20 MTR Kanlinga Wire @ 20 RsPer Meter.
• 10 PCS Door Bell, Anchor @ Rs 100 PCS

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GSTR2 Report

Sold to Mr. Mohit Ahuja - Local (Delhi) - GST No- 07AADCB1093N1ZI on 2nd July.
• 13 PCS Shirt, XXL @ Rs 900 Each
• 18 PCS Table, Wood @ Rs 1500 Each
• 8 PCS Jeans, FLU @ Rs 1200 Each
• 18 MTR Kanlinga Wire @ 25 RsPer Meter.
• 19 PCS Juicer and Mixer @ Rs 2500 Each
Sold to Mr. Karan –Inter-State (Andhra Pradesh) - GST No- 37AAACC4175D1ZX on 2nd July.
• 18 PCS T-Shirt , XL @ Rs 650 Each
• 8 PCS Chair, Plastic @ Rs 900 Each
• 8 PCS Track Suit, Puma @ Rs 1500 Each
• 4 PCS Electric door Lock @ Rs 1800 Each
• 10 PCS Door Bell, Anchor @ Rs 180 Each

(Discount on Above 2.5%)

GSTR1 Report

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Total GST Payable (Balance Sheet)

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GST CALCULATION in TALLY PRIME

(ITEM-WISE)

Step-1

*Note - (Set Date According to Current Year)

 Create company - and set (Tax Feature)

Fill Required Information and Pass theScreen or Press (Ctrl+A) Save

Step-2

 Required ledger Entry

1. Input / Output CGST TAX
(5%, 12%, 18%, 28%)

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2. Input / Output SGST TAX
(5%, 12%, 18%, 28%)

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3. Input / Output IGST TAX
(5%, 12%, 18%, 28%)

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4. Local SALES / Inter State Sales (5%, 12%, 18%, 28%)

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5. Local Purchase / Inter State Purchase (5%, 12%, 18%, 28%)

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6. LOCAL CREDITOR

7. INTER-STATE CREDITOR

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8. LOCAL DEBTOR

9 . INTER-STATE DEBTOR

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Step-3

 GATEWAY OF TALLY - Create -

1. Stock Group

2. Units

3. Stock Item
I) Item With (ON VALUE wise Tax) - Fix Tax Rate on Any Price.

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ii) Item with(Item Rate Wise TAX) - Different Tax Rate according to

price.

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Step-4

 Gateway of tally - Voucher - (Purchase) Press F9
• Purchase 100 Pair Action shoes @ Rs 400 Pair from Vikram - Local Invoice

• Press Ctrl + I and Type Tax Analysis for Tax Report
• Press Alt + F1 for details if show all Tax Applied Rate

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Note

In above, Action Shoes Rate below 500 as Per Condition Tax charges @ 5% , If
Amount is above 500 and less than 1000 tax charges @ 12% and more than 1000
Rs per pair tax charged @ 18%. (You can check by modify Amount in voucher)

• Purchase Goods from Harshit- Relaxo chappal, 50 Pair @ 199.
• (Inter-state Invoice)

 Check GSTR2 Report after Purchase
Display - GST Report - GSTR-2

• Press Enter for B2B (Details-Party-wise)

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Step-5

 Sold goods to Gagan 5 Pair Relaxo chappal @ Rs 250 per Pair and 5 pair
Action Shoes @ 599 Per pair. (Local-Invoice)

If, Multiple Tax Applicable in Single Invoice then , Disable Common Ledger -
Press F12 Key

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• Press Ctrl + I and Type Tax Analysis and then Press Alt + F1 for Details
 Sold goods to Bansal25 Pair Action shoes @ 650 Per pair. (Inter-State

Invoice)

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 Check GSTR1 Report after Sales
 Display - GST Report - GSTR-1

 Check Balance sheet and Press Alt+f1 for Details


 ITC is -125. Rs if Sales Tax exceeds from Purchase tax then we liable to pay

GST to the government and pass the payment Entry.
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GST - Item-Wise Tax (Practical)

Q- Calculate GST Report According to Item wise GST Applicable on following
Items with related Group. – (City – Delhi)

Group Product TAX Rate HSN CODE
Description 18% 8504
Charger

Telecom Mobile Phone 28% 8517
Bluetooth 12% 8529

Chappal 5% 6402

shoes upto 500 Rss 5% 6403

Shoes between 12% 6403
18% 6403
Footwear 500 Rs upto 1000 28% 6403
Rs

Shoes above 1000

Rs and upto 2000

Rs

Shoes above 2000

Rs

Note– All above Group Tax set in Item Separately

• Firm has opening stock of following Items (Set Qty, rate in Item creation)
o Bluetooth 20 Pcs @ Rs 700
o RELAXO Chappal 10 Pair @ Rs 99

• Purchase from SATPAL Inter-State (Uttar Pradesh) - GST No - 09AAACB5343E1ZZ on 1st
June
o 50Pair Woodland Shoes@ Rs 2450 per Pair
o 25Pair RELAXO chappal, Plastic @ Rs 90 Per Pair
o 20 Pair Action Shoes @ Rs 1800 Per Pair
o 10 Pair Bata Shoes @ Rs 900 Per Pair.

Note- Set E-way Bill NO in Both Purchase voucher- This topic Study in E-way Bill chapter

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• Purchase from MEGHRAJ Inter-State (Gujrat) - GST No - 24AABCB1043Q1ZS on 1st
June.
o 25 PCS NokiaMobile Charger @ Rs 42.50 per PCS
o 10 PCS OPPO F9 Pro @ Rs 19500 Per PCS.

➢ Stock Summary Report

➢ Outstanding payable report

Display - statement of Account - Outstanding - Payables (If Purchase)

Note- If Maintain Bill by Bill not set in Party Ledger then Payable report not show, For correction go
Back and modify Ledger and set Bill by Bill Yes and pass Purchase voucher again to show report properly.

➢ GSTR2 Report

Note – Press F2 Key for Date wise Report of GSTR2

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• Sold following items to Ravi (Local-Customer) on 2nd June
o 5 Pair RELAXO Chappal @ Rs 149 Per Pair
o 1Pair Action Shoes @ Rs 1950 Per Pair
o 1 PCS NokiaMobile Charger@ Rs 70 per PCS
o 2 Pair Bata Shoes @ Rs 999 Per Pair.
o 2Pair Woodland Shoes@ Rs 3250 per Pair
o 3 PCS Bluetooth@ Rs 850
o 1 PCS OPPO F9 Pro @ Rs 21300 Per PCS.

• Sold following items to Ronak (Local-Customer) on 2nd June
o 2 Pair Action Shoes @ Rs 1999Per Pair
o 5Pair RELAXO chappal, Plastic @ Rs 169 Per Pair
o 4Pair Woodland Shoes@ Rs 3270 per Pair
o 1 PCS OPPO F9 Pro @ Rs 21500 Per PCS.
o 3 Pair Bata Shoes @ Rs 999 Per Pair.
o 2 PCS NokiaMobile Charger @ 99 per PCS
o 2 PCS Bluetooth@ Rs 875

Note- Set E-way Bill NO in Both Sales voucher- This topic Study in E-way Bill chapter

• Sold following items to Anuj - Local Dealer (GST -07AABCT3335M1Z7) on 2nd June.
o 20 PCS NokiaMobile Charger@ Rs 69 per PCS
o 20Pair RELAXO chappal, Plastic @ Rs 109 Per Pair
o 15Pair Action Shoes @ Rs 1900 Per Pair
o 5 Pair Bata Shoes @ Rs 950 Per Pair.
o 14 PCS Bluetooth@ Rs 799
o 44Pair Woodland Shoes@ Rs 2850 per Pair
o 8 PCS OPPO F9 Pro @ Rs 20200 Per PCS.

 Stock Summary

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 Outstanding Receivable
 GSTR1 Report

 GSTR3B Report
 GST Rate Setup

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 Balance Sheet

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GST CALCULATION (TALLY-Prime)
Ledger-Wise

• STEP-1
o Create New Company
o Set GST Feature *Note - (Set Date According to Current Year)

• Step-2
o Gateway of Tally - Create - Ledger

1. Purchase @ 5%
Under - Purchase A/c

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2. Purchase @ 12%
Under - Purchase A/c

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We also create Purchase @ 18 and Purchase @ 28% (If Applicable on Item)
3. Sales @ 5%

Under - Sales A/c

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4. Sales @ 12%
Under - Sales A/c

We also create Sales @ 18 and Sales @ 28% (If Applicable on Item)

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5. Inter-State Purchase @ 5% (For Inter-State Transaction - IGST Calculation)
Under - Purchase A/c

o Same as Inter-State Tax on Other Purchase @ 12% or other Rate.
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6. Inter-State Sales @ 5% (For Inter-State Transaction - IGST Calculation)
Under - Sales A/c

o Same as Inter-State Tax on Other Sales @ 12% or other Rate.
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7. Input / Output CGST with 5% and 12%

8. Input / Output SGST with 5% and 12%
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9. Input/output IGST 5% and 12%
Under - Duties & Taxes A/c

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10. Local Creditor (Vipin)
Under - Sundry Creditor

11. Inter-State Creditor (Mahesh)
Under - Sundry Creditor

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12. Local Debtor (Pradeep)
Under - Sundry Debtor

13. Inter-State Debtor (Yuvraj)
Under - Sundry Debtor

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• Step-3
Gateway of Tally - Create - Inventory Master
1. Units
a) PCS (Pieces)

b) MTR (Meter)

2. Stock Group
i) Garments.

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3. Stock Item
i) Shirt-length (Raw - Material)

ii) T-shirt

• Step-4
Gateway of Tally - Voucher - Press F9 (Purchase Transaction)

o Local Transaction
We Purchase Both Item - from Vipin

➢ Shirt-Length
50 MTR @ 30 Rs perMeter,(Shirt Length is @ 5%) and

➢ T-Shirt
80 PCS @ 300 Rs Per PCS (T-shirt Tax is @ 12% )

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Press F12 in Accounting Voucher

If we Set Use Command Ledger - 'No'We can Add multiple tax in Single invoice -
Because Purchase tax @ 5% and Purchase tax @ 12% is different and without
set 'No' we cannot use multiple tax in single invoice

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o CGST and SGST pass with invoice , Press (Ctrl + I) for Tax Analysis report
and Press Alt + F1 for Details.

➢ Pass this Above Voucher
• Inter-state Purchase

Purchase 70 MTR Shirt-Length @ 30 from Mahesh (Inter-State Purchase)

o Select inter-state Purchase @ 5%

o Pass IGST Ledger for calculate IGST in Invoice – if See Tax Analysis Press
(Ctrl + I) for Tax Analysis and then Press (Alt + F1) for Details.
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• Check GSTR2 Report - Total (ITC) - 3060 Rs.

• Press Enter on B2B invoice for show party-wise Tax transaction summary.
Press F8 (Sales Transaction)

o Local Transaction - Sold Goods to Pradeep 60 MTR Shirt Length @ Rs
55 Per Meter and T-shirt 40 Pcs @ 450 Per Pcs.

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o Press Key (Ctrl + I) for Tax Analysis and (Alt + F1) for Details
o Inter-State Transaction
Sold 40 MTR Shirt-length to Mr. Yuvraj @ Rs 55 Per Meter.

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• Check GSTR1 Report - Tax Amount (2,435) Rs.
• Press Enter on B2B invoice for check Party-wise Tax Summary.

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