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Record GST Sales for Supplies to SEZ

In TallyPrime, you can record sale of goods or services to an SEZ, where tax applicability depends on the Taxability Type, as follows:

• Taxable SEZ Sales: IGST is applicable for both local and interstate parties.
• Exempt and Nil-Rated SEZ Sales: No tax is applicable.
• SEZ Sales under LUT/Bond: No tax is applicable if a valid LUT/Bond is in place, allowing supplies without tax payment.

The transaction values appear in GSTR-1 under B2B Invoices – 4A, 4B, 4C, 6B, 6C.

Record Supplies to SEZ – Taxable

While recording a sales voucher:

1. Select the party ledger configured with Registration Type as Regular – SEZ.
2. Select the sales ledger configured with Nature of Transaction as System Inferred.
3. Select the stock items configured with Taxability Type as Taxable.
4. Select the IGST ledger.
5. Enable Provide GST/e-Way Bill details, and enter the shipping details, as needed.
6. Provide other necessary details and press Ctrl+A to save.

Record Supplies to SEZ – Exempt & Nil Rated

While recording a sales voucher:

1. Select the party ledger configured with Registration Type as Regular – SEZ.
2. select the sales ledger configured with Nature of Transaction as System Inferred.
3. Select the stock items configured with Taxability Type as Exempt or Nil Rated.
4. Do not select any tax ledger for exempted and nil rated supplies.
5. Enable Provide GST/e-Way Bill details, and enter the shipping details, as needed.
6. Provide other necessary details and press Ctrl+A to save.

Record Supplies to SEZ – LUT/Bond

Ensure that your company is configured with LUT/Bond details.

While recording the sales voucher:

1. Select the party ledger configured with Registration Type as Regular – SEZ.
2. Select the sales ledger configured with Nature of Transaction as Sales to SEZ – LUT/Bond.
3. Select the stock items configured with Taxability Type as Exempt or Nil Rated.
4. Do not select any tax ledger for supplies to SEZ with LUT/Bond.
5. Enable Provide GST/e-Way Bill details, and enter the shipping details, as needed.
   
6. Provide other necessary details and press Ctrl+A to save.