Setting Up GST in TallyPrime
As a prerequisite to recording GST-compliant invoices in TallyPrime, you need to set up your GST Registration details in the Company. For an uninterrupted GST invoicing experience, it is recommended that you also set up GST Rates and Other Details, including setting up your masters with the required GST details.
Enable GST and Set Up GST Details
First and foremost, you will have to enable GST in TallyPrime and specify the details of your GST registration in the Company. These details, such as State, GSTIN/UIN, and so on, will be reflected in your transactions, and you can easily print them in your invoices.
TallyPrime also allows you configure your connected GST details in a few simple steps and stay connected with the GST Portal for a seamless upload, download and filing of your returns.
In addition, if your business deals with transporting goods that requires e-Invoices and e-Way Bills, do a quick set up of the e-Invoice and e-Way Bill details under your Company’s GST Details.
To ensure a seamless filing experience without mismatches between your Books and Portal data, configure for GST reconciliation and ensure that your data remains GST compliant.
Multi-GSTIN
For TallyPrime 3.0 & later
Your business might have multiple GST registrations (GSTINs) to cater to multiple branches or units, which are an integral part of your own company. TallyPrime 3.0 onwards, you can record multiple GSTINs in one TallyPrime Company. This will allow you to record transactions under different registrations, generate returns for each registration, and file returns. However, all MIS reports will be for the Company, and not GSTIN-wise. you can also file your GST returns based on the required registrations.
GST Rates and HSN/SAC Details
The next order of business is setting up the GST rates and HSN/SAC details. You can easily save these details in TallyPrime, according to the nature of goods or services that your business deals with. Depending on your business need, you can set the tax rates up front at the company level, if your goods or services fall under a common tax rate. Alternatively, you can choose a different level such as ledger, accounting group, stock item, stock group, or even apply the rates directly in the transaction. Refer to GST hierarchy in TallyPrime.
You can also do an online validation of the HSN/SAC details right from TallyPrime.
Additionally, the GST Rate Setup report provides a consolidated view of the GST Rate and HSN/SAC details available in your masters. You can make any changes to the existing tax rates as per the GST Council meeting (Sep’25), and update any other details as needed from a single report.
Source of GST Rates & HSN/SAC Details
For TallyPrime 3.0 & later
TallyPrime will also help you choose the source or hierarchy in which you want to apply the tax rates and HSN/SAC details. For example, if some of your stock items belong to a single stock group and fall under a common tax rate, then you can directly set the tax rate in the stock group. This rate will be subsequently applied to all the corresponding stock items. Moreover, you will always have a clear idea of where the rates are being applied from, by opening GST – Tax Analysis from the transactions. Refer to GST Hierarchy in TallyPrime for more information.
Similarly, you can set up HSN/SAC details at different levels, and also override these details in transactions, if needed
GST Details in Masters
TallyPrime provides you with a host of masters that you can configure for recording your GST transactions. For example, you can set up GST Details, as needed, in sales and purchase ledgers, stock items, GST duty ledgers, service ledgers, expense ledgers, and so on.
If you use a common duty ledger, then you have the flexibility to apply GST rates at many levels, such as company, stock items, stock groups, or even apply the rates directly in the transaction. On the other hand, if you create separate duty ledgers and add the corresponding tax rates, then these details will be applied seamlessly in the transaction.
Voucher Numbering
When you are uploading invoices to the GSTN portal, the department expects the voucher numbers to be unique and to follow a proper sequence. For example, if you had recorded a sales transaction with the voucher number as 11, and a sales return takes place, then voucher number 12 should be assigned to the sales return or debit note. This will ensure that the overall voucher numbers follow the proper flow of the sales cycle.
Numbering method: Based on your business requirement, TallyPrime allows you to use your preferred method of voucher numbering, such as Automatic, Manual, Automatic (Manual Override), or Multi-user Auto. If you select the Automatic method of voucher numbering, then you also have the benefit of either retaining the original voucher numbers or renumbering the vouchers.
Numbering series: (For TallyPrime 3.0 & later) If your business consists of multiple GST registrations, then you can create and maintain unique voucher numbering series for all your GST registrations. For example, using a single series for sales, you can maintain and track both sales transactions and sales returns. While creating or altering a numbering series, you can set the Series Name and Method of Voucher Numbering. You can also choose to use a common series for all your registrations.
TallyPrime provides you with the flexibility to create multiple voucher numbering series either from the voucher type or from the Chart of Accounts.
GST Details of Parties
In TallyPrime, you can create the required party ledgers and update them with the parties’ GSTIN/UIN, Registration Type, Place of Supply, Assessee of Other Territory information, and so on. To ensure that the GST details of your parties are correct, TallyPrime allows you to fetch the party details directly from the portal by using the Party’s GSTIN/UIN either in the party master, from the Validate Party GSTIN/UIN report, or while recording vouchers. Additionally, you can validate the GSTIN/UIN of the parties directly from TallyPrime.
TallyPrime also provides you with the option to maintain a common party ledger across transactions. If you do not want to maintain GST details (such as GSTIN) for all your parties separately, then you can create a common party ledger and enter the GST details directly in the transaction. Even if you have saved certain details in the common party ledger, you will have the option to override them in the transaction.
With TallyPrime you can specify the Effective Date for any change in the party details, and also view the history of the registration details at any point in time.
