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Record import of goods or services in purchase invoice. For import of services, reverse charge is calculated for arriving at the tax liability.
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchase .
2. Select the Party A/c name with Country other than India.
3. Enter the Supplier invoice no. and Date as per the sales invoice received from the supplier.
4. Select the purchase ledger with Type of Supply as Goods .
5. Select the required stock items, and specify the quantities and rates. The GST Details screen appears.
● Calculate the value of customs duty according to the rate specified by the department, and add it to the original taxable value.
● Press Enter to accept and return to purchase invoice.
6. Press Enter to save.
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchase > press Alt+I .
2. Select the Party A/c name with Country other than India.
3. Enter the Supplier invoice no. and Date as per the sales invoice received from the supplier.
4. Select the purchase ledger with the Type of Supply set to Services .
If the party ledger is from country other than India, and the purchase ledger has Type of Supply as Service , the tax is calculated under reverse charge.
5. Enter the amount.
6. Press Enter to accept.
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