GST Exempted Sales in Tally ERP9

Some of goods or services are exempt from GST, these transactions can be recorded by using a sales voucher.

 

Taxability must be set to Exempt in the GST details screen.

 

 

Ledgers Creation

 

Path: Gateway of Tally -> Accounts Info -> Ledger -> Create

 

 

Name: Sales Exempt

 

Under: Sales Accounts

 

Set/alter GST details: Yes, once enable this option then the below GST details screen will appear.

 

Type of supply: Goods

 

Press enter to save the screen

 

 

 

Nature of Transaction:  Sales Exempt

 

Taxability: Exempt

 

 

 

Stock Item Creation

 

Path: Gateway of Tally -> Inventory info -> Stock Items -> Create

 

 

Name: Moong Dal

 

Units: Kg’s

 

Set/alter GST details: Yes, once enable this option then the below GST details screen will appear.

 

Press enter to save the screen

 

 

Taxability: Exempt

 

Press enter

 

 

 

How to record GST Exempt sales in Tally ERP9

 

Path: Gateway of Tally -> Accounting vouchers -> F8 Sales

 

 

Invoice Date: 02.08.2018

 

Invoice Reference no: 756

 

Select party a/c name and sales ledger “Sales Exempt”

 

Select name of item, quantity and rate of each

 

Press enter to save the screen

 

 

 

 

Related Topics

 

GST Nil Rated Sales in Tally ERP9

 

GST SEZ Sales in Tally ERP9

 

Sales Order Processing in Tally ERP9