Create GST Tax Ledgers in Tally ERP9

You have to create GST tax ledgers in Tally for each tax type to record the sales and purchase transactions with the GST details.

 

SGST – This will be applicable in case of intrastate supplies both goods and services

 

CGST – This will be applicable in case of intrastate supplies both goods and services

 

IGST – This will be applicable in case of interstate supplies both goods and services and also applicable in both cases of import into India and export from India.

 

 

 

SGST Ledger Creation

 

Path: Gateway of Tally -> Accounting Info -> Ledgers-> Create

 

 

Name of Ledger: SGST

 

Under: Duties & Taxes

 

Type of duty/tax: GST

 

Tax Type: State Tax

 

Inventory values are affected: No

 

Rounding Method: Normal rounding

 

Click on Yes to accept and save the entry

 

 

 

CGST Ledger Creation

 

 

Under: Duties & Taxes

 

Type of duty/tax: GST

 

Tax Type: Central Tax

 

Inventory values are affected: No

 

Rounding Method: Normal rounding

 

Click on Yes to accept and save the entry

 

 

 

IGST Ledger Creation

 

 

Under: Duties & Taxes

 

Type of duty/tax: GST

 

Tax Type: Integrated Tax

 

Inventory values are affected: No

 

Rounding Method: Normal rounding

 

Click on Yes to accept and save the entry

 

 

 

 

Related Topics

 

Purchase Voucher in Tally ERP9

 

Sales Voucher in Tally ERP9

 

List of Ledgers and Groups in Tally ERP9