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Recording Local Purchase (within State) under GST in Tally.ERP9

Once you activate GST in your company, you can record the purchase of goods and services that attract GST using a purchase voucher. Ensure that you provide unique voucher numbers for your purchase vouchers, and use a new series of voucher numbering.

A.         Local purchase

B.         Interstate purchase

A. Local GST Purchase using Tally.ERP9

The purchase of goods or services from a supplier in the same state attracts central tax and state tax.

Method-1 : To Record a Local Purchase Transaction
[ Using Common Ledger Account for all items with same Tax Rate]

During Purchase  Voucher (F9) Entry Press F12 and Set YES as below :

As per our Practical Example No.1

Purchase from Raj Infotech, 5 CDs of Antivirus Software @ Rs. 800 each, with Input GST rate @ 18%. i.e. Rs.. 720 -  [ CGST (9%) Rs.360 and SGST (9%) Rs.360 ]

1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchase.

Supplier invoice no.: Displays the sales invoice no. of the supplying party.

Date: Displays the date on which the sales invoice was passed by the supplier.

2. In Party A/c name, select the supplier's ledger i.e. Raj Infotech

3. Select the Purchase Ledger applicable for local taxable purchases i.e. GST Purchase (Local)

4. Select the required Items, and specify the Quantities and Rates.

5. Select the GST Tax Ledgers. As above i.e. Input CGST & Input SGST (for Local Purchase). GST

Calculation will be done automatically on the basis of Items GST Rate.

You can view the tax details by clicking A: Tax Analysis. Click F1: Detailed to view the tax break-up.

As per our Practical Example No.2

Purchase from Microtek India Ltd. , 10 Monitors @  Rs. 4000 each, with Input GST @ 28% i.e. Rs.11,200 – [ CGST (14%) Rs.5600 and SGST (14%) Rs. 5600. ]

In this example of Purchase Invoice, CGST and SGST is calculated automatically @ 9% each i.e. 28% on the basis of GST Rate mentioned Monitor item.

All GST Calculation is made on the basis of GST Rate applied in Items and Goods. No GST Rate has been assigned to Purchase Ledger as well as GST Ledger.

Method-2 : To Record a Local Purchase Transaction with Multiple GST Rates in one Invoice.

Examples :

Cash Purchase from a Registered Business :   5 CDs of Antivirus Software @ Rs. 800 each , with Input GST rate @ 18%. & 2 Mi-Note 4 Mobiles @ Rs. 10,000 each with Input GST 12%

During Purchase  Voucher (F9) Entry Press F12 and Set YES as below :

The Purchase Invoice will be entered as below with GST Analysis…

Also, In this example of Purchase Invoice, CGST and SGST is calculated automatically in multiple GST Rate according to Items selected. So don’t forget to put GST rate at the time creating Items and Goods.

No GST Rate has been assigned to Purchase Ledger as well as GST Ledger

 
 
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18 Chapters in Tally.ERP9 Book + 46 Practical Assignment with GST in Tally.ERP9 & All features are described with Practical Problems with Solutions.

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Tally.ERP9 Book (Advanced Usage) @ Rs.550

 

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