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Creating GST Ledgers ( CGST, SGST / UTGST & IGST) in Tally.ERP9

You can account for different taxes under GST (central tax, state tax, UT tax, integrated tax, and cess), by creating a tax ledger for each tax type.

Under this dual GST model, GST will have the following 3 components –

  • CGST - Central GST : CGST rate or Central GST rate is levied on the consumption and supply of goods and services, the proceeds of which will be attributable to the Centre, as per the CGST Act.

  • SGST / UTGST - State GST / Union Territory GST : SGST rate or State GST rate is levied on the consumption and supply of goods and services, the proceeds of which will be attributable to the States, as per the SGST Act – which is passed and recognised by the assemblies of respective States.

  • IGST - Integrated GST : IGST rate of Integrate State rate , also referred to as Inter-State GST is levied on the consumption and supply of goods and services, whenever such supplies are happening across state boundaries, and in terms of imports, as per the IGST Act.

CGST Rate & SGST Rate will be applicable on intra-state transactions

IGST Rate will be applicable on inter-state transactions

What is UTGST ?

The fact that Union Territories are directly under the governance of the Central Government, differentiates them from the states, which have their own elected governments. This called for a separate taxation structure for the Union Territories and thus UTGST rate or Union Territory GST was introduced instead of SGST for the following 5 Union Territories in India –

  • Chandigarh
  • Lakshadweep
  • Daman and Diu
  • Dadra and Nagar Haveli
  • Andaman and Nicobar Islands

In the Indian Constitution, the definition of ‘States’ included union territories with their own legislature. Hence the SGST Act also applied to the 2 union territories of Delhi and Puducherry – since they have their own legislature, with elected members and Chief Minister. For the rest of the 5 union territories listed above, UTGST rate will be levied for supply of goods and services.

 

1. Create Central Tax (CGST) Ledger in Tally.ERP9

1.  Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

Create Central Tax (CGST) Ledger in Tally.ERP9
(Fig-31)

2.  In Under , select Duties & Taxes .

3.  Select GST as the Type of duty/tax .

4.  Select Central Tax as the Tax type .

Similarly, you can create Ledgers for State Tax, Integrated Tax, and Cess by selecting the relevant Tax type under GST.

2. Create State Tax (SGST) Ledger in Tally.ERP9

1.  Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

Create State Tax (SGST) Ledger in Tally.ERP9
(Fig-32)

2.  In Under , select Duties & Taxes .

3.  Select GST as the Type of duty/tax .

4.  Select State Tax as the Tax type .

3. Create Integrated Tax (IGST) Ledger in Tally.ERP9

1.  Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

Create Integrated Tax (IGST) Ledger in Tally.ERP9
(Fig-33)

2.  In Under , select Duties & Taxes .

3.  Select GST as the Type of duty/tax .

4.  Select Integrated Tax as the Tax type .

4. Create Cess Ledger in Tally.ERP9

You can create separate cess ledgers for quantity and value, to print the breakup of these values in the invoice. (Do not alter the existing cess ledgers as it will impact the transactions recorded earlier.)

1.  Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

Create Cess Ledger in Tally.ERP9
(Fig-34)

2.  In Under , select Duties & Taxes .

3.  Select GST as the Type of duty/tax .

4.  Select Cess as the Tax type .

5.  Select the valuation type as:

  • Based on Quantity to calculate cess on quantity.
  • Based on Value to calculate cess on the assessable value.

Note: Set the Valuation Type to Any to use it as a common ledger.

5. Create UT Tax (UTGST) Ledger in Tally.ERP9

If you are an Assessee of Other Territory ( Chandigarh, Lakshadweep, Daman and Diu, Dadra and Nagar Haveli, Andaman and Nicobar Islands )  and have enabled this option in the Company GST Details screen ( in F11: Featuers > F3 : Statutory > Set/Alter GST Details - YES ),

Create UT Tax (UTGST) Ledger in Tally.ERP9
(Fig-35)

you can create the UT tax ledger.

1.  Go to Gateway of Tally > Accounts Info. > Ledgers > Create .


(Fig-36)

2.  In Under , select Duties & Taxes .

3.  Select GST as the Type of duty/tax .

4.  Select UT Tax as the Tax type .

Creating or Updating Sales and Purchase Ledgers with GST Details in Tally.ERP9 GST Using Tally.ERP9 Creating Ledger to Round-Off the Invoice Value automatically in Tally.ERP9


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