Blog

Intra State Supply of Goods in Tally ERP 9 with GST

Intra-State Supply

Intra-State is a type of supply of goods or services where the location of the supplier and the place of supply of goods are in the same State or same Union Territory.

Intra-state Inward Supply (Local Purchase)

Once you activate GST in your company you can record the purchase of goods and services (inward supply) that attract GST using a purchase voucher.

Scenario: Shriram Electronics is situated in Mumbai (M.S.) purchased Goods from Akshay Electronics, Navi Mumbai (M.S.)

Journal Entry: Local Purchase Goods from Akshay Electronics, Navi Mumbai, Maharashtra on showroom

Date Description of Goods HSN / SAC Code GST Rate Qty Rate Per Amount Rs.
1/7/2017 Dell Laptop – 356 84713010 28% 6 27,500 NOS 2,11,200

 

Creating Supplier Ledger

Gateway of Tally > Accounts Info > Ledgers > Single Ledger > Create

Name Akshay Electronics
Under Sundry Creditors
Maintain balances bill-by-bill Yes
Check for credit days during voucher entry No
Inventory value are affected No
Address Navi Mumbai
Country India
State Maharashtra
Set / alter GST details Yes
Registration Type Regular
Is a e-commerce Operator No
GSTIN / UN 27ZSCVB7894N1Z3
Party Type Not Applicable
Accept? Yes or No Yes

creating supplier ledger in tally erp 9

creating supplier ledger in intra state supply of goods

Press Esc & return to Gateway of Tally

 

Creating Local Purchase Ledger

The purchase of goods or services from supplier in the same state attracts Central Tax (CGST) and State Tax (SGST)

Note: As we have defined GST Rate at Item Level. We have to skip the GST Details.

Note:

We have to deactivate the VAT

Press F11 : Statutory & Taxation

Enable Value Added Tax (VAT)? No

Gateway of Tally > Accounts Info > Ledger > Create

Name Local Purchases
Under Purchase Accounts
Inventory values are affected Yes
Type of Ledger Enter
Is GST Applicable Applicable
Set / Alter GST Details No
Type of Supply Goods

supplier ledger in tally erp 9

Press Enter & return to Gateway of Tally

 

Recording of Local Purchase Transaction in Tally.ERP 9

Gateway of Tally > Accounting Voucher > Press F9 : Purchase

Note: Press F12 : Purchase Inventory Standard Configuration and set

Use defaults for bill allocations : No

Field Type
Date 01/07/2017
Supplier Invoice No AA/01
Date 01/07/2017
Party A/c Name Akshay Electronics
Purchase Ledger Local Purchases
Name of item Dell  Laptop 356
Godown Showroom
Quantity 6 Nos
Rate 27,500
Amount Enter
CGST Enter
SGST Enter

 

recording of local purchase transaction in tally erp 9

Press Enter & Accept the screen & go to Gateway of Tally

Tax analysis screen is shown as below

Press Alt + A : Tax Analysis screen and Press Alt + F1 : Detailed Screen

tax in tally erp 9

Press Esc & Accept the screen

What is GSTR-2 Report?

GSTR2 is the monthly GST return to be filled by taxable person registered under GST. All transactions whether recorded correctly, incorrectly are captured & catogorised in this report.

generating GSTR 2 tally erp 9

Generating GSTR-2 Report?

Gateway of Tally > Display > Statutory Reports > GST > GSTR-2

Following Screen Shows the tax effect on Intra-State Inward supply of goods in GSTR-2

Press Esc & return to Gateway of Tally

 

Intra-State Outward Supply (Local Sales)

The sale of goods or services to customers in the same state attracts Central Tax (CGST) and State Tax (SGST)

Scenario: Shriram Electronics is situated in Mumbai (M.S.) decided to Sold Goods to A.V. Electronics Nasik (M.S)

Journal Entry: Local Sales Goods to A.V. Electronics Nasik, (M.S.) on Showroom

 

Date Description of Goods HSN / SAC Code GST Rate Qty Rate Per Amount
2/7/2017 Dell Laptop – 356 84713010 28% 4 32,000 NOS 1,63,840

 

Creating Customer Ledger:

Gateway of Tally > Accounts Info. > Ledger > Single Ledger > Create

Name A.V. Electronics
Under Sundry Debtors
Maintain balances bill-by-bill Yes
Check for credit days during voucher entry No
Inventory value are affected No
Set/ alter GST details Yes
Registration Type Regular
Is a e-commerce Operator No
GSTIN / UIN 27ASDFG4561H1Z7
Party Type Not Applicable
Accept ? Yes or No Yes

creating customer ledger in tally erp 9

gst entry in tally erp 9

Press Esc & return to Gateway of Tally

 

Creating Local Sales Ledger:

Note: As we have defined the tax rate at item level so no need to define Tax rate at Ledger Level

Gateway of Tally > Accounts Info > Ledger > Create

Name Local Sales
Under Sales Accounts
Inventory values are affected Yes
Type of Ledger Enter
Is GST Applicable Applicable
Set / Alter GST Details No
Type of Supply Goods
Accept? Yes or No Yes

creating local sales ledger in tally erp 9

Press Enter & Accept the Screen & Return to Gateway of Tally

 

Recording of Local Sales Transaction in Tally.ERP9

Gateway of Tally > Accounting Voucher > Press F8: Sales

Field Type
Date 02/07/2017
Reference No AV-01
Party A/c Name A.V. Electronics
Sales Ledger Local Sales
Buyer’s Details Ctrl+A
Name of Item Dell Laptop -356
Godown Showroom
Quantity 4 Nos
Rate 32,000
Amount Enter
CGST Enter
SGST Enter
Type of Ref New Ref.
Name AV-01
Amount Enter

recording sales transaction in tally erp 9

local sales transaction in tally erp 9

Press Enter & Accept the Screen

Tax Analysis Screen is shown as below

Press Alt  + A : Tax Analysis Screen and Press Alt + F1 : Detailed Screen

tax analysis in tally erp 9

Printing GST Sales Invoice:

Press Page Up Key and then Press Alt + P and Press Alt + I with Print Preview

printing gst sales invoice in tally erp 9

Press F12 : Invoice Printing Configuration

Press F12 : Advance Sales Configuration

For more options Enter the following configuration

Press F12 : Advance Sales Configuration

printing invoice in tally erp 9

Press Esc & return to Gateway of Tally

What is GSTR -1?

It is monthly GST return to be filled by a taxable person registered under GST. GSTR-1 includes the detail of all outward supplies made in the given period.

 

Generating GSTR-1 Report?

Gateway of Tally > Display> Statutory Reports > GST > GSTR-1

Following Screen shows the tax effect of intra-state outward supply of goods in GSTR-1

gstr 1 in tally erp 9

Press Esc & return to Gateway of Tally

 

Leave a Reply

Your email address will not be published. Required fields are marked *