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Set Up Tax Ledgers | CGST, SGST/UTGST & IGST

Create the necessary tax ledgers based on your business transactions. You can name the tax ledgers based on the tax it is applicable for. For example: IGST for interstate taxes, and CGST and SGST/UTGST for intrastate taxes. 

  1. Create the tax ledgers under Duties & Taxes.
    • CGST & SGST for intrastate transactions
    • IGST for interstate transactions
  2. Set Type of Duty/Tax as GST.
  3. Tax Type: Select Central, State, or Integrated Tax depending on your business transactions.
  4. Set up the Rounding Method and Rounding Limit for ease of GST amount computation, as per your convenience.
  5. Provide other details as needed, and press Ctrl+A to save.
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