Sale Services (Local), Service Invoice Printing, Purchase services (Local), Sales Service
(Interstate)
Sale Services (Local)
On 01.05.20 company provided Interior Decoration Service
(SAC: Find from internet)
amounting to Rs. 3,20,000 plus 18% GST to Galaxy Ltd. A regular dealer of west Bengal.
Before passing the required entry, we need to create the
below mentioned Master.
Purchase Services (Local)
On 02.05.20 company received a bill amounting to Rs. 132000
plus 18% GST for advertising
services (SAC: Find from Internet) from Third Eye Ltd a
regular dealer of UP with the bill no.
TE/2001/20-21.
Here also we need to create required ledgers before passing
the purchase invoice. To pass
You can view the tax details by clicking Alt+A for Tax
Analysis. Click Alt+F1: Detailed to view
the tax break-up.
Now check GSTR-2
Sales Services (Interstate)
On 02.05.20 company provided Interior Decoration Services
amounting to Rs. 92000 plus 18% GST to Orbit solutions a regular dealer of
Arunachal Pradesh.
To pass sales Invoice go to Gateway of Tally-> Sales: F8
Press F12 and enabled the option allow modification of tax
details for GST
More Detailsà GST
rate details à classification
à press space
Purchase Capital Goods
Capital goods means goods used to manufacture or keep the
goods in saleable condition or required for providing output services, for
example fixed assets. Tax paid at the time of
inwards supply of capital goods can be adjust against output
GST.
For example, on 02-08-2017 Company purchased a machinery of
500000 plus 12% GST from Bharat Machineries Ltd. One of the regular dealer of
Jharkhand.
Before passing the entry, we need to configure Machinery
Ledger.
Now check GSTR-2
Supply of Goods and Services in same invoice
On 02-05-20 company Purchase 12 pcs laptop @ 25,000 plus 18%
GST from Ansh Corporation with the bill no. AC/1104/20-21.
On 31-05-20 company sold 10 pcs laptop @ 38,000 plus 18% GST
and charge 10,000 as
installation charge plus 18% GST to RKDK GROUP a register
dealer of UP.
Before passing this entry, you need to create installation
charge ledger and configure the same
for GST.
Now to pass the entry go to.
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