Gst. . . Bill. - 1.pptx

1. TODAY TOPICS GST :- Purchase Sales Report: GSTR3B , GSTR1 , Payment GST RECEIPT NOTE DELIVERY NOTE MATERIAL IN AND OUT STOCK JOURNAL PHYSICAL STOCK

2. GOODS AND SERVICE TAX ONE TAX ONE COUNTRY JULY 2017 https:// www.gst.gov.in/ - CHECK GST HOLDER ADDRESS LINK

3. GOODS AND SERVICE TAX GST REG : Threshold Limit – Turnover upto Rs.40 lakhs(Sales) - Turnover upto Rs.20 laksh (Service) GST NO: 33 ABCDE 1234 A 1 Z U 33 – State Code 5 alpha 4 num 1 alpha (Pan Card Base) 1 based on number of Registration z Computerized code U Last Digit Check Code

4. MONTHLY RETURNS GSTR-1  is the return for outward supplies, which the taxpayer files. GSTR-2  is the return for inward supplies, which the supplier files. GSTR-3 is the summary return of both GSTR-1 and GSTR- GSTR 2A is an automatic return generated for a taxpayer from his seller’s GSTR-1 GSTR-2B provides eligible and ineligible Input Tax Credit (ITC) for each month, similar to  GSTR-2A  but remains constant or unchanged for a period

5. TALLY WITH GST Our Company Name : POWER PARK 144 , 5 TH CROSS MAYOR NAGAR PERAMANUR SALEM – 636007 GST NO: 33AHAPA7451J1ZO Email :[email protected]

6. Company Creation f3 or Alt K Name : Creation F11 – Features – Maintain Acccounts Only – Yes Maintain Inventory – Yes Maintain Accounts with Inventory – Yes Enable GST – Yes Type Ur gst No

7. Transaction 1.4.23 Purchased from SCEAIMS PVT LTD Alamarakadu , Near New Bus Stand Salem - 636004 33ABJCS2636P1ZV Created Ledger : Supplier Ledger, Purchase Ledger ,Tax ledger i.e., Cgst and Sgst

8. Step 1 Supplier Ledger Creation GOT – Create – Ledger - Name (Type Supplier Name) Under – Sundry Creditors TAX Registration Details:- Registatio type : Regular GSTN/UIN :- 33ABJCS2636P1ZV SET / ALTER GST DETAILS : NO

9. Step 2 Purchase Ledger Creation Name : Local Purchase Under : Purchase Accounts Type of Ledger : Not Applicable Statutory Details: Inculde assessable value calculation : Not Applicable Gst Applicability : Applicable HSN/SAC Related Details:- As per Company Group GST Rate Related Details : As per Company Group Type of Supply : Goods

10. Step 3 & 4GST Rate Details Ledger Name : CGST Under : Duties & Taxes Type of Duty/Tax : GST Tax Type : CGST Percentage of Calculation : 0% Rounding Method : Not Applicable Ledger NAME : SGST Under : Duties & Taxes Type of Duty/Tax : GST Tax Type : S GST Percentage of Calculation : 0% Rounding Method : Not Applicable

11. Step 5 Stock Item Creation Create : Inventory Master – Stock Group (Optional) Stock Category – (Optional) Unit : (Must) Type : Nos Formal : Numbers UQC: Nos – Numbers (Select from list of uqc’s ) No of Decimal Places : 2

12. Step Location – as u wish Stock Item (Must Because Customer Billing view) Name:UPS MICRO TEK Under : Primary (not created in Stock Group ) Unit : Nos BOM : No

13. Contd … Statutory details: GST applicablility : applicable HSN/SAC: Specify details here HSN/SAC: TYPE product hsn code 85041090 Description: Battery(this field is optional) GST Rate / Related Details:Specity details here Taxability Type:Taxable GST Rate : 18%(product gst rate ) Type of Supply : Goods

14. Final step is Ledger Posting GOT – Transactions – Voucher – F9 PURCHASE Type Inv No: Supplier Inv No Party : Supplier Name (already created so just select and enter) Purchase : Local Purchase ITEM fIeld Last field is amount press double enter and then Select CGST AND SGST

15. Finished purchase ledger posting Reporting View GOT – Display More Reports – Gst Reports – GSTR3B OR Top of the Screen GOTO PRESS AND THEN TYPE GSTR3B Eligible for ITC – Amount is reflected on that screen

16. Sales Sales to OM SANTHI TRADERS / SALEM The above traders are not GSTIN Number Unregistered Dealer

17. Reporting View GSTR1 – Sales Report GSTR3B – Tax payable Report

18. Monthly GST Payment through TALLY Press F5 PAYMENT Press Ctrl H – Change mode - Select – Single Entry Mode Top Screen Account: BANK OR Cash (Prefer Bank) Select from Right side panel - AUTOFILL Enter Mode of PAYMENT

19. ANITHA ENTERPRISES(For ref) GST NO:33AEEPK4026L1ZN LAPTOP HSN 84713090 Supplier : VPCCTV CAMERA GST : 33BTFPS4665E1ZK