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Record Sales for Solar and Renewable Energy Projects

You can record sales invoices in TallyPrime for solar and renewable energy projects. In the invoice, enter 70% of the assessable value as goods taxable at 12% GST and 30% of the assessable value as services taxable at 18% GST. You can sell goods like solar inverters, solar panels, solar water heaters, and so on. You can also provide services like installation, AMC, and so on.

Step 1: Configure Sales voucher type

1. Press Atl+G (Go To) > Alter Master > Voucher Type > Sales.
2. Set Allow zero-valued transactions to Yes.

Step 2: Record a sales voucher for solar and renewal energy projects

1. In the sales voucher, press F12 (Configure) > set Modify GST & HSN/SAC related details to Yes.
   For TallyPrime 2.1 & earlier, set Modify Tax Rate details of GST to Yes.
2. Select the party ledger and enter the stock item details.
3. In the GST Rate and Related Details screen, press F12 (Configure), and set the option Override Taxable Value to Yes.
   For TallyPrime 2.1 & earlier, set Allow override assessable value to Yes.
4. In the Taxable Value field, enter 70% of the item value as the Taxable Value.
   For example, if the project cost is 225,000 calculate it as 70% of the cost and enter 157,500 as the Taxable Value.
   
5. Select the service ledger. Do not enter the Amount as the tax needs to be calculated on the partial assessable value of the stock item.
   
6. In the GST Rate and Related Details screen, under Taxable Value enter 30% of the item value. For example, if the project cost is 225,000 calculate 30% of the cost and enter 67,500 as the Taxable Value.
   
7. Select the GST ledgers. CGST and SGST for local sales; IGST for interstate sales depending on the Place of Supply.
8. Press O to accept the invoice with altered assessable values.
   
   
   The printed invoice displays the assessable value details, with the breakup as entered during the voucher entry.