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Create GST Ledgers

You can account for different taxes under GST (central tax, state tax, UT tax, integrated tax, and cess), for which you need to create GST ledgers or tax ledgers for each tax type.

 

Central Tax Ledger

  1. Gateway of Tally > Create > type or select Ledger.
    Alternatively, press Alt+G (Go To) > Create Master > type or select Ledger.
  2. Group it under Duties & Taxes.
  3. Select GST as the Type of duty/tax.
  4. Select Central Tax as the Tax type.
  5. Press Enter to save.

Similarly, you can create ledgers for state tax, integrated tax, and cess by selecting the relevant Tax type under GST.

 

Cess Ledger

You can create separate cess ledgers for quantity and value, to print the breakup of these values in the invoice. Do not alter the existing cess ledgers as it will impact the transactions recorded earlier.

  1. Gateway of Tally > Create > type or select Ledger.
    Alternatively, press Alt+G (Go To) > Create Master > type or select Ledger.
  2. Group it under Duties & Taxes.
  3. Select GST as the Type of duty/tax.
  4. Select Cess as the Tax type.
  5. Select the valuation type as:
    • Based on Quantity to calculate cess on quantity.
    • Based on Value to calculate cess on the assessable value.
  6. Press Ctrl+A to save.

Note: Set the Valuation Type to Any to use it as a common ledger.

 

UT Tax Ledger

If your business is located in a union territory, or you are an Assessee of Other Territory and have enabled this option in the Company GST Details screen, you can create the UT tax ledger.

  1. Gateway of Tally > Create > type or select Ledger.
    Alternatively, press Alt+G (Go To) > Create Master > type or select Ledger.
  2. Group it under Duties & Taxes.
  3. Select GST as the Type of duty/tax.
  4. Select UT Tax as the Tax type.
  5. Press Enter to save.
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