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{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "I have recorded a single journal voucher for non-GST, exempt and nil rated goods, by selecting both unregistered dealer and composition dealer. Why is the value not captured based on the type of goods in Table 5 of GSTR-3B?", "acceptedAnswer": { "@type": "Answer", "text": "As this transaction has three natures of goods and two different party ledgers, the values cannot be bifurcated to capture against each party. Hence, you may find a mismatch in the values captured in the drill-down reports of Table 5. However, this will not affect the filing of GSTR-3B, as the appropriate values will be displayed in the relevant sections of the returns." } },{ "@type": "Question", "name": "I have recorded debit notes, credit notes, and journal vouchers by selecting expense and income ledgers grouped under Primary. Why are these transactions appearing as Not relevant for returns in GST reports?", "acceptedAnswer": { "@type": "Answer", "text": "Currently, such transactions cannot be identified as returns or as adjustments made towards sales/purchase in debit note, credit note and journal vouchers. We will consider this requirement and provide an appropriate solution in our upcoming release." } },{ "@type": "Question", "name": "Why is cash payment made to transporter not captured in GSTR-1, even though it attracts GST?", "acceptedAnswer": { "@type": "Answer", "text": "The transactions of transport fall in the category of reverse charge. The expenses of transporting the goods is incurred by the supplier. The scenario of cash payment is a purchase transaction, and purchases will not be captured in GSTR-1. This purchase transaction will form part of section 3.1(d) of GSTR-3B." } },{ "@type": "Question", "name": "Is it possible to record consolidated debit or credit note against multiple original invoices in TallyPrime?", "acceptedAnswer": { "@type": "Answer", "text": "The JSON and Excel formats for consolidated debit or credit notes are not available on the department portal. If you are using TallyPrime for filing returns, you need to link a debit or credit note against only one corresponding original invoice. If you are using TallyPrime only to record transactions and not for filing returns, you can record the debit or credit notes against multiple original invoices. While filing returns on the portal, you can manually enter the details of multiple original invoices against which the debit or credit notes were recorded." } },{ "@type": "Question", "name": "Services availed in another state by paying central and state tax, are appearing under Mismatch in Nature of transaction and Place of supply, Party's country in GSTR-1 and GSTR-3B. How to resolve this exception?", "acceptedAnswer": { "@type": "Answer", "text": "You can press Alt+J (Accept as is), to accept the voucher as a valid transaction, and include it in the relevant tables of GSTR-1 and GSTR-3B returns." } },{ "@type": "Question", "name": "Why is the receiver name blank and not exported to GSTR-1?", "acceptedAnswer": { "@type": "Answer", "text": "The user-defined name entered for the ledger in TallyPrime, may or may not be the same as the trading name registered with GSTN. Also, the registered Trading Name gets auto populated under Receiver Name in the GST portal. Hence, the Receiver Name will be blank in the GSTR-1 file exported from TallyPrime." } },{ "@type": "Question", "name": "Why is the party type Government Entity, not appearing in the party ledger? What will happen to the transactions recorded with this party type in releases upto Tally.ERP 9 Release 6.4.6?", "acceptedAnswer": { "@type": "Answer", "text": "The transactions of the party type Government Entity, was captured in Table 3.2 Supplies made to UIN holders of GSTR-3B, which is not required by the GSTN. Such interstate transactions of taxable goods with government entity, are captured in Table 3.1 a - Outward taxable supplies (other than zero rated, nil rated and exempted) as specified by the department. As the department has not asked for any bifurcation of transactions with party type as government Entity. All the parties which have been created earlier under, government entity will be mapped to the party type Not Applicable." } },{ "@type": "Question", "name": "How do I identify the difference between Sales Register and GSTR-1/GSTR-3B return?", "acceptedAnswer": { "@type": "Answer", "text": "You can do the following to identify the differences. Check if any of the transactions are appearing under Uncertain Transactions (Corrections needed) of GSTR-1 or GSTR-3B, and resolve them. Check if any of the transactions are appearing under Not relevant for returns. Check those transactions and include them if relevant. Check for sales entries recorded in Receipt or Journal vouchers. These transactions are included in the GST returns, but will not form part of the Sales Register." } },{ "@type": "Question", "name": "How to record interstate sales made to embassy/UN body, and in which fields of the returns will it be captured?", "acceptedAnswer": { "@type": "Answer", "text": "New natures of transactions are introduced for interstate sales made to Embassy/UN body. Interstate Sales to Embassy/UN Body Exempt Interstate Sales to Embassy/UN Body Nil Rated Interstate Sales to Embassy/UN Body Taxable GSTR-1 - The relevant values of vouchers recorded with the new natures of transaction, will be captured in the following sections: B2C Invoices - 4A, 4B, 4C, 6B, 6C Credit/Debit Notes(Registered) - 9B Nil Rated Invoices - 8A, 8B, 8C, 8D GSTR-3B - The relevant values of transactions recorded with the new natures of transaction, will be captured in the following tables: Taxable transactions in 3.1(a) Outward taxable supplies (other than zero rated, nil rated and exempted) Exempt and nil rated transactions in 3.1(c) Other outward supplies (Nil rated, exempted) Taxable transactions in 3.2 - Supplies to UIN holders" } },{ "@type": "Question", "name": "Where do exempt sales get captured on GSTR-1?", "acceptedAnswer": { "@type": "Answer", "text": "Exempt sales will get captured in table 9 (Nil Rated Invoices) in the return format view of GSTR-1." } },{ "@type": "Question", "name": "Is it required to show GST calculation in Delivery challan? If so, what is the impact on GSTR-1?", "acceptedAnswer": { "@type": "Answer", "text": "It is required to show GST calculation in the delivery challan. A delivery challan can only be used for the transfer of stock between branches operating with the same GSTIN number within a state. The GST details recorded in the delivery challan will not have an impact on GSTR-1." } },{ "@type": "Question", "name": "Can I get tax-rate-wise break-up on GSTR-1 and other GST return forms?", "acceptedAnswer": { "@type": "Answer", "text": "You can view the tax-rate-wise break-up in the Summary view of GSTR-1 and GSTR-3B." } },{ "@type": "Question", "name": "How do I find out GST Liability and GST Input Credit?", "acceptedAnswer": { "@type": "Answer", "text": "To know your GST liability and ITC, log in to the GST portal, and check your e-ledgers, that is, Liability Ledger and Credit Ledger. In TallyPrime: To view GST liability, Gateway of Tally > Display More Reports > Statutory Reports > GST Reports > GSTR-1. Alternatively, press Alt+G (Go To) > type or select GSTR-1 > and press Enter. And, to view the ITC, Gateway of Tally > Display More Reports > Statutory Reports > GST Reports > GSTR-2. Alternatively, press Alt+G (Go To) > type or select GSTR-2> and press Enter. Or Gateway of Tally > Display More Reports > Account Books > Ledger. Alternatively, press Alt+G (Go To) > type or select Ledger Voucher > and press Enter. Select the GST ledger. In the Ledger Vouchers report, the debit balance displays the ITC. And the credit balance displays the tax liability. Or Gateway of Tally > Display More Reports> Account Books > Group Summary > type or select Duties & Taxes. Alternatively, press Alt+G (Go To) > type or select Group Summary > type or select Duties & Taxes > and press Enter. The debit and credit balances of GST ledgers appear in the Group Summary." } },{ "@type": "Question", "name": "When will credit note entries participate in Credit/Debit Notes (Unregistered) - 9B in GSTR-1?", "acceptedAnswer": { "@type": "Answer", "text": "When debit notes and credit notes are recorded against B2C(Large) Invoices - 5A, 5B for unregistered dealers or consumers, they will appear in Credit/Debit Notes (Unregistered) - 9B in GSTR-1. Debit notes and credit notes recorded against B2C(Small) Invoices - 7 will not appear here. They will appear with negative values in the same table." } },{ "@type": "Question", "name": "In TallyPrime, is there a provision to calculate KFC when the services are rendered in Kerala but the business is registered outside Kerala?", "acceptedAnswer": { "@type": "Answer", "text": "We understand that this is a requirement for your business, since you operate with such a customer base. We have noted this requirement, and we are working to provide resolution for this in our upcoming release." } },{ "@type": "Question", "name": "While recording an invoice, will TCS value form part of the assessable value for GST calculation?", "acceptedAnswer": { "@type": "Answer", "text": "As per the Corrigendum to the Circular No. 76/50/2018-GST, the TCS value will not be considered for GST calculation. You can record sales with GST and TCS ledgers, as both the values will be calculated based on the details set in the respective masters." } },{ "@type": "Question", "name": "Why are purchases recorded with GST ledgers, not appearing in the GST Ledger Vouchers report?", "acceptedAnswer": { "@type": "Answer", "text": "Check if the option Appropriate tax values in purchase invoice is enabled in GST ledgers. If this option is enabled, the purchases recorded using such ledgers will not appear in the GST Ledger Vouchers report." } },{ "@type": "Question", "name": "How to remove cash/trade discount in an invoice?", "acceptedAnswer": { "@type": "Answer", "text": "In the item invoice mode of sale invoice, press F12 (Configure) > set the option Provide Cash/Trade Discount to No. If you do not see this option, set Show more configurations to Yes." } },{ "@type": "Question", "name": "Is it required to print the date and time of removal of goods for GST invoices?", "acceptedAnswer": { "@type": "Answer", "text": "No. It is not mandatory to print the date and time of the removal of goods in the GST invoices." } },{ "@type": "Question", "name": "The Sales Invoice format changed after upgrading and activating GST. Why?", "acceptedAnswer": { "@type": "Answer", "text": "TallyPrime, the invoice formats have been enhanced for GST. The invoice formats currently supported are Tax invoice, Bill of Supply, and Advanced Receipts." } },{ "@type": "Question", "name": "What happens if I delete invoices?", "acceptedAnswer": { "@type": "Answer", "text": "If the method of voucher numbering is set to Automatic, then duplication of the invoice number might occur if you delete invoices. For GST transactions, unique voucher numbers have to be used for all your vouchers. Therefore, we recommend that Automatic (Manual Override) should be set as the method of voucher numbering, which will ensure that unique voucher numbers are set for your vouchers." } },{ "@type": "Question", "name": "Can I have both exempt and non-exempt goods in the GST bill?", "acceptedAnswer": { "@type": "Answer", "text": "Yes. Exempted/Nil-rated and Taxable goods can be part of the same bill; once recorded, the total invoice value will appear in B2B Invoices - 4A, 4B, 4C, 6B, 6C table of GSTR-1 report. It will also form part of the HSN wise Summary. However, if you bill exempted/nil rated goods separately, they will appear in the Nil Rated Invoices - 8A, 8B, 8C, 8D table. If you want to capture the values of only the taxable items as a B2B invoice, as per GST rules record separate invoices for taxable items. Use separate invoices (bill of supply) for sales of exempt/nil rated items." } },{ "@type": "Question", "name": "How do I pass multiple tax rates for multiple stock items in a single invoice?", "acceptedAnswer": { "@type": "Answer", "text": "In a single invoice, select the stock items attracting different GST rates, and then select the tax ledgers. Press Ctrl+I (More Details) > select Voucher under Details of > type or select GST - Tax Analysis. To display the GST - Tax Analysis screen for each of the stock items selected in the invoice. Refer to Recording Local GST Sales for more information." } },{ "@type": "Question", "name": "Why are CGST and SGST not getting calculated in my invoice?", "acceptedAnswer": { "@type": "Answer", "text": "Ensure that the date of your transaction is on or after 1 July 2017. Select the tax ledgers individually while recording a transaction. Alternatively, create a voucher class to automate the calculation of the GST rates. Refer to Using Voucher Class for Auto Calculating GST in Vouchers for more information. Ensure that you have selected the state of the party in the party master, or in the Party Details screen while recording a transaction. Refer to Calculating GST in Invoices." } },{ "@type": "Question", "name": "Why is IGST not getting calculated in my invoice?", "acceptedAnswer": { "@type": "Answer", "text": "Ensure that the date of your transaction is on or after 1 July 2017. Select the tax ledger while recording a transaction. Alternatively, create a voucher class to automate the calculation of the GST rates. Refer to Using Voucher Class for Auto Calculating GST in Vouchers for more information. Ensure that Integrated Tax is selected as the Tax type in the tax ledger selected in the invoice. Ensure that the state of the party in the party master, or in the Party Details screen of the invoice is different from the state selected in the company master. Refer to Calculating GST in Invoices." } },{ "@type": "Question", "name": "Why is incorrect GST amount displayed?", "acceptedAnswer": { "@type": "Answer", "text": "GST amount appears based on the tax defined in the masters, in the following order: GST classification when linked to accounts and inventory masters Ledger Account Group Stock Item Stock Group Company Ensure you select the ledgers, and stock items predefined with the required GST rates. You can also define the required GST rate in the invoice." } },{ "@type": "Question", "name": "How can I remove GST rates from the Stock Item master?", "acceptedAnswer": { "@type": "Answer", "text": "You can remove the GST rates from the Tax Rate History of the GST Details screen in the stock item master. To remove the GST rates In the Stock Item Alteration screen, enable Set/Alter GST Details. In the GST Details screen, press Alt+W (Details), to view Tax Rate History and remove the date using Spacebar, and save." } },{ "@type": "Question", "name": "How to report self-invoices to the department in case of transactions with unregistered dealers?", "acceptedAnswer": { "@type": "Answer", "text": "You can record a journal voucher for increase in the tax liability, and tax credit when you purchase from unregistered dealers. For this, you need to debit and credit the same tax ledgers by entering the tax values. Report this transaction to the department as a self-invoice." } },{ "@type": "Question", "name": "I have a multiple-location customer with different GSTINs. Do I need to maintain multiple ledgers or can I create multiple addresses with respect to their GST in one ledger?", "acceptedAnswer": { "@type": "Answer", "text": "You can create multiple addresses for one customer in TallyPrime, and update all the GSTINs of that customer along with the corresponding address." } },{ "@type": "Question", "name": "If our company has multiple GSTINs, do we need to have one company with multiple godowns, or should we create multiple companies in TallyPrime?", "acceptedAnswer": { "@type": "Answer", "text": "You can have only one GSTIN per company. If you have multiple GSTINs, you need to create multiple companies in TallyPrime." } },{ "@type": "Question", "name": "How can I adopt GST in case I am not maintaining Inventory?", "acceptedAnswer": { "@type": "Answer", "text": "Press F11 (Features) > enable the options Maintain Accounts and Enable Goods and Service Tax (GST)." } },{ "@type": "Question", "name": "Can I use a common GST tax ledger for all GST tax types? If not, why?", "acceptedAnswer": { "@type": "Answer", "text": "Common GST tax ledger cannot be used for all GST tax types (Central Tax, State Tax, Integrated Tax, and Cess). Each tax type has to be separately accounted for, which will lead to the following benefits: It will help in the payment of tax under separate tax type heads as required by GSTN. It will help in availing input tax credit for each tax type. It will help the government in ascertaining the revenue for each tax type, which will enable smooth revenue-sharing mechanism." } },{ "@type": "Question", "name": "How do I claim Input Tax Credit (ITC) for the purchase of capital goods?", "acceptedAnswer": { "@type": "Answer", "text": "There is no separate process for claiming ITC for the purchase of capital goods. The tax paid on the purchase of capital goods is added to the e-credit ledger, which can be used for input credit at any time." } },{ "@type": "Question", "name": "What do you mean by ineligible for input credit?", "acceptedAnswer": { "@type": "Answer", "text": "The tax paid on procuring certain services and goods is not eligible for input credit. Services such as renting of motor cab, supply of tour operator services and items that are used in manufacturing of exempt goods fall under this ineligible for input credit category. You can not claim credit for tax paid for these items. In TallyPrime you can set goods or services as ineligible for input credit by enabling the option Is ineligible for input credit to Yes in the GST Details screen of the item master or purchase ledger. This option can be activated by enabling Set ineligible input credit to Yes under F12 (Configure)." } },{ "@type": "Question", "name": "How does auto calculation happen for central tax/state tax/integrated tax using voucher class?", "acceptedAnswer": { "@type": "Answer", "text": "Auto calculation will happen when you create a voucher class with central tax/state tax/integrated tax as a default additional ledger." } },{ "@type": "Question", "name": "How to calculate GST on free supplies?", "acceptedAnswer": { "@type": "Answer", "text": "GST is not applicable on free supplies or samples. In TallyPrime, enable the option Use separate Actual and Billed Quantity columns in invoices under F11 (Features). Now, enter separate billed quantity and actual quantity including the quantity of free supplies/samples while recording the transactions. The value of invoice will be based on billed quantity and quantity of free supplies/samples will be added at zero value. In case a separate invoice is created for free supplies/samples, record the invoice with zero value." } },{ "@type": "Question", "name": "Why does the Total Value in HSN/SAC Summary not match the Invoice Amount in the GSTR-1 return format?", "acceptedAnswer": { "@type": "Answer", "text": "The total of the assessable value and the tax amount appears as the Total Value in HSN/SAC Summary. It does not include the values of additional ledgers not enabled for GST. The Invoice Amount in the GSTR-1 return format view considers the assessable value and the tax amount, along with additional ledgers not enabled for GST. Hence, the Total Value in HSN/SAC Summary will not match the Invoice Amount in the GSTR-1 return format." } },{ "@type": "Question", "name": "How to enter HSN code in multiple companies each having the same stock items?", "acceptedAnswer": { "@type": "Answer", "text": "You have to provide HSN code in each company individually, in one of the following ways: Enter the HSN code in the GST Details screen at the company level. Gateway of Tally > Display More Reports > Statutory Reports > GST Reports> GST Rate Setup. Alternatively, press Alt+G (Go To) > GST Rate Setup > and press Enter. Enter the HSN code in the GST Rate Setup screen." } },{ "@type": "Question", "name": "How to record expenses incurred in the furtherance of business like rent, telephone expenses, stationery and so on, and claim them under GST?", "acceptedAnswer": { "@type": "Answer", "text": "Expenses incurred for the furtherance of business, such as rent (commercial), telephone bill, stationery and so on, can be claimed under GST by recording them as purchases and not as expenses. To record such purchases, create a party ledger (party from whom such goods are procured) and ensure that GSTIN of the party is updated in the ledger. When the supplier uploads his GSTR-1, the details will appear in your GSTR-2A." } },{ "@type": "Question", "name": "Effective from 1st February 2019, supply of warehoused (custom bonded warehouse) goods, high sea supplies, supply from non-taxable territory to other non-taxable territory are not treated as supply. How to record such transactions?", "acceptedAnswer": { "@type": "Answer", "text": "Create new ledgers for purchases, sales, expenses and incomes by setting the option Is GST Applicable to No, and use them in the invoices. Click here for procedure to record such transactions." } },{ "@type": "Question", "name": "Can I create GST e-Cash, e-Credit, and e-Liability masters in TallyPrime?", "acceptedAnswer": { "@type": "Answer", "text": "You can create ledgers named as e-Cash, e-Credit, and e-Liability in TallyPrime. You can maintain these ledgers separately for GST." } },{ "@type": "Question", "name": "How do we carry forward excess of Input Credit to next month in TallyPrime?", "acceptedAnswer": { "@type": "Answer", "text": "This happens automatically in TallyPrime. There is no provision to capture input credit in GSTR-1. You can check the available input tax credit in GSTR-3B by logging in to GSTIN portal. In TallyPrime, check the closing balance of ledgers created under Duties & Taxes. If there is input tax to be availed the tax ledgers will show a debit balance." } },{ "@type": "Question", "name": "How to create Capital Goods ledger for GST in TallyPrime?", "acceptedAnswer": { "@type": "Answer", "text": "Enable GST in the company. In the Ledger Creation screen, Create the capital goods ledger under Fixed Assets. Select the required nature of transaction. Select the Nature of goods as Capital Goods." } },{ "@type": "Question", "name": "What is the use of selecting Unknown as dealer registration type?", "acceptedAnswer": { "@type": "Answer", "text": "If you are not sure about the registration type of your party while creating or updating the party master, you can select Unknown as the registration type in the party ledger. You can update the details later by altering the party ledger. If you want to update the details of multiple parties, you can conveniently do so from the Update Party GSTIN/UIN report. If such parties are part of taxable transactions, ensure that you update the details before filing the final returns." } },{ "@type": "Question", "name": "Can I view the central tax (CGST) and state tax (SGST) bifurcation of tax amount in Profit and Loss A/c?", "acceptedAnswer": { "@type": "Answer", "text": "No, the values of duties and taxes are not displayed in Profit and Loss A/c. The consolidated value of all duties and taxes is displayed in Balance Sheet under Current Liabilities. To view ledger-wise value of each tax type, drill down by selecting Duties & Taxes in Balance Sheet." } },{ "@type": "Question", "name": "How to manage GST accounts when I have multiple branches in different states?", "acceptedAnswer": { "@type": "Answer", "text": "You have to create a separate company for each registration obtained under GST for the branch offices, and maintain your data." } },{ "@type": "Question", "name": "How do I account for consignment sales?", "acceptedAnswer": { "@type": "Answer", "text": "Consignment sales is similar to other sales under GST. You can record the sales invoice with GST ledgers (if it is taxable), and record a tax payment voucher to pay tax." } },{ "@type": "Question", "name": "How to make stock transfer entry between two godowns of same organisation inside the state and outside the state?", "acceptedAnswer": { "@type": "Answer", "text": "Under the GST regime, stock transfer to a godown or to an entity with a different GSTIN registration is considered taxable supply. Hence, if stock is transferred to a godown of the same organisation, it is recorded as a transfer if the godown is operating under the same GSTIN. In case the godown has a different GSTIN, it is recorded as an taxable outward supply. You can record transfers using delivery note or material out voucher types, and taxable outward supplies using sales vouchers in TallyPrime. In case of supply to a godown outside the state, it is recorded as a taxable outward supply, since the same GSTIN cannot be used for business operations in two different states." } },{ "@type": "Question", "name": "How to account for works contract sales and purchases?", "acceptedAnswer": { "@type": "Answer", "text": "Works contract is treated as a service under GST. The works contract purchases and sales have to be recorded as taxable purchases and sales. Based on the State in which the party is located, you can select the taxable Nature of transactions provided for sales and purchases, and the GST ledgers in the invoice." } },{ "@type": "Question", "name": "How to maintain transactions of job work under GST?", "acceptedAnswer": { "@type": "Answer", "text": "You can manage your job work entries using the existing features of job work in TallyPrime. When the GST rules related to job work are finalised, necessary changes will be incorporated, and made available in TallyPrime." } },{ "@type": "Question", "name": "How to record inclusive-of-tax transactions?", "acceptedAnswer": { "@type": "Answer", "text": "In TallyPrime and later versions, recording inclusive-of-tax transaction is simplified. Earlier you had to create a voucher class with inclusive-of-tax percentages to record inclusive-of-tax transactions. Now, this can be done by enabling the option Provide Rate Inclusive of Tax for Stock Items under F12 (Configure) in sales invoice. Gateway of Tally > Vouchers > press F8 (Sales). Alternatively, press Alt+G (Go To) > Create Voucher > press F8 (Sales). Press F12 (Configure) and enable the option Provide Rate Inclusive of Tax for Stock Item. The column Rate (Incl. of Tax) appears in the invoice. Rate (incl. of Tax): Enter the rate of the item including tax in this column. The actual rate will appear in the Rate column. The tax amount will appear automatically on selecting the tax ledgers." } },{ "@type": "Question", "name": "How to ascertain GST liability and GST input credit?", "acceptedAnswer": { "@type": "Answer", "text": "The actual tax liability and input credit for your business will be available in GSTR-3B on the GSTN portal. In TallyPrime, the tax liability based on the transactions recorded can be ascertained from GSTR-1. In the summary view, the Total Tax Amount in the Total Outward Supplies section is the tax liability of your business for the period." } },{ "@type": "Question", "name": "What are the key points of GST?", "acceptedAnswer": { "@type": "Answer", "text": "GST would be applicable on the supply of goods or services as against the present concept of tax on the manufacture and sale of goods or services. GST would be a destination-based tax as against the present concept of origin-based tax. The list of exempted goods and services would be kept to a minimum and harmonized for the Centre and the States as far as possible. Exports would be zero-rated. IGST credit to be fully utilized before using credit of CGST or SGST for tax payments. Credit of CGST paid on inputs may be used only for paying CGST on the output. Credit of SGST paid on inputs may be used only for paying SGST on the output." } },{ "@type": "Question", "name": "How to adjust input credit of IGST while making payments towards GST liabilities?", "acceptedAnswer": { "@type": "Answer", "text": "Effective from 1st February 2019, IGST credit has to be fully utilized before using CGST or SGST credits for tax payments. Prior to the amendment in the GST Act, input tax credit was allowed to be adjusted against GST liability in the order shown below:For detailed information, refer to How to Set Off Input Tax Credit Against Tax Liability in the GST Regime." } },{ "@type": "Question", "name": "How do we calculate IGST, when buyer and consignee are in different locations?", "acceptedAnswer": { "@type": "Answer", "text": "IGST is applicable on the goods and services if the buyer's state is different from your business location. Consignee in such cases may be in a different location where the goods can be delivered. Refer to Interstate sales for more information on calculating IGST." } },{ "@type": "Question", "name": "What are the different GST returns that a registered person needs to file?", "acceptedAnswer": { "@type": "Answer", "text": "The regular dealer needs to file GSTR-1, GSTR-3B and GSTR-9 annual return. The composite dealer needs to file GST CMP-08 and GSTR-4 annual return." } },{ "@type": "Question", "name": "How can I get the HSN code for my goods and services?", "acceptedAnswer": { "@type": "Answer", "text": "You can find the chapter-wise-rate-wise GST rate schedule for goods and services on the website: http://www.cbec.gov.in/htdocs-cbec/gst/index. Alternatively, contact your CA/business consultant for more details." } },{ "@type": "Question", "name": "What is the format of GSTIN?", "acceptedAnswer": { "@type": "Answer", "text": "GSTIN is a 15-digit unique registration number provided to a taxpayer upon successful registration of his business details on the GST portal. The following table lists the state-wise code used in generating the GSTIN: State/UT code State or Union Territory State/UT code State or Union Territory State/UT code State or Union Territory State/UT code State or Union Territory 01 Jammu & Kashmir 11 Sikkim 21 Odisha 33 Tamil Nadu 02 Himachal Pradesh 12 Arunachal Pradesh 22 Chhattisgarh 34 Pondicherry 03 Punjab 13 Nagaland 23 Madhya Pradesh 35 Andaman and Nicobar Islands 04 Chandigarh 14 Manipur 24 Gujarat 36 Telangana 05 Uttarakhand 15 Mizoram 26 Dadra and Nagar Haveli and Daman and Diu 37 Andhra Pradesh 06 Haryana 16 Tripura 27 Maharashtra 38 Ladakh 07 Delhi 17 Meghalaya 29 Karnataka 08 Rajasthan 18 Assam 30 Goa 09 Uttar Pradesh 19 West Bengal 31 Lakshadweep 10 Bihar 20 Jharkhand 32 Kerala" } },{ "@type": "Question", "name": "Are all taxes subsumed under GST?", "acceptedAnswer": { "@type": "Answer", "text": "The following lists the taxes that will be replaced by GST: Taxes replaced by GST at the centre Taxes replaced by GST at the state Taxes not covered under GST Central Excise duty State VAT Alcohol for human consumption Duties of Excise (Medicinal and Toilet Preparations) Central Sales Tax Electricity Additional Duties of Excise (Goods of Special Importance) Purchase Tax Sale/purchase of Real Estate Additional Duties of Excise (Textiles and Textile Products) Luxury Tax Five specified petroleum products (to be brought under GST later on recommendation of GSTC) Additional Duties of Customs (commonly known as CVD) Entry Tax (All forms) Tobacco Products Special Additional Duty of Customs (SAD) Entertainment Tax (except those levied by the local bodies) Service Tax Taxes on advertisements Cesses and surcharges, when they are related to supply of goods or services Taxes on lotteries, betting and gambling State cesses and surcharges insofar as far as they relate to supply of goods or services" } },{ "@type": "Question", "name": "Are excise and custom duty applicable on tobacco and petro-chemical products even after GST implementation?", "acceptedAnswer": { "@type": "Answer", "text": "All goods and services are likely to be covered under GST except the following: Alcohol for human consumption Electricity Sale/purchase of Real Estate Five specified petroleum products (to be brought under GST later on recommendation of GSTC) Tobacco products" } },{ "@type": "Question", "name": "One of my clients is importing goods. According to GST returns, we need to upload only sales. How about import purchase? How will it be reflected on my GST portal?", "acceptedAnswer": { "@type": "Answer", "text": "Imports of goods and services are treated as inter-state supplies and therefore IGST will be levied on the import. The incidence of tax will follow the destination principle and the tax revenue in case of SGST will be accrued to the State where the imported goods and services are consumed. Full and complete set-off will be available on the GST paid on import on goods and services. In general, the supplier of goods or services is liable to pay GST. However, in specified cases like imports and other notified supplies, the liability may be cast on you as the recipient under the reverse charge mechanism. Please note that import purchases will be captured in GSTR-3B in Column 5 - Goods/capital goods received from overseas (Import of goods). For more information, you can refer to the linked document." } },{ "@type": "Question", "name": "Is GST content available for Tally Academy Partners to train their students?", "acceptedAnswer": { "@type": "Answer", "text": "GST training has already been scheduled for all registered Tally Educational Institutes, and a PPT document on GST has been shared accordingly. The recorded webinar videos are also available on our blog for GST at http://blogs.tallysolutions.com/gst-webinars/." } },{ "@type": "Question", "name": "Where can I find the schedule for GST seminars or workshops?", "acceptedAnswer": { "@type": "Answer", "text": "The GST workshop or awareness camp is scheduled for customers, partners, and students. For details of the venue and date, visit our blog post." } },{ "@type": "Question", "name": "What is the procedure to register for GST?", "acceptedAnswer": { "@type": "Answer", "text": "It is assumed that all existing Central Excise taxpayers are registered under State VAT Department. All existing taxpayers and VAT dealers will be given a provisional ID and password by the state VAT authority. Create your username and password at the GST common portal using this provisional ID and password." } },{ "@type": "Question", "name": "I am a Tally partner/customer. How do I get trained on GST?", "acceptedAnswer": { "@type": "Answer", "text": "Customers can join the Upcoming Webinars to know more about GST. Alternatively, contact your partners for a product demo, if needed. Partners can contact their Business manager or Region Sales Manager for more details on the scheduled training in their location." } },{ "@type": "Question", "name": "What is CPIN and how many digits does it have? What is the validity period of CPIN? How is it different from CIN?", "acceptedAnswer": { "@type": "Answer", "text": "CPIN - Common Portal Identification Number is generated along with the GST payment challan. It is a 14 digit unique number to identify the challan. The CPIN is valid for 15 days. CIN - Challan Identification Number is a 17-digit number consisting of a 14-digit CPIN plus a 3-digit bank code. CIN is generated by the authorised banks/RBI when payment is actually received and credited to the department. CIN is communicated to the taxpayer as well as the department after the payment of GST." } },{ "@type": "Question", "name": "What is the criteria and eligibility for claiming ITC under the GST regime?", "acceptedAnswer": { "@type": "Answer", "text": "Under the GST regime, input tax credit can be availed by every registered taxable person on all inputs used or intended to be used in the course of or for furtherance of business. However, claiming ITC is subject to certain conditions: You should have the Tax Invoice/Debit or Credit Note issued by a registered person. The goods/services should have been received. You should have filed GSTR-3B for the related month The tax charged has been paid to the government by the supplier, either in cash or through utilization of ITC. To know about the criteria and eligibility in detail for claiming ITC, refer to the following blogs: Your checklist for availing input tax credit Scenarios where you cannot avail input tax credit Refer to Transferring Tax Credits of VAT, excise and service tax to GST, for more information." } },{ "@type": "Question", "name": "What is the difference between B2C large and B2C small invoices?", "acceptedAnswer": { "@type": "Answer", "text": "B2C large invoices B2C small invoices The value of the interstate sales transaction is greater than or equal to Rs. 2.5 Lakh. The value of the interstate sales transaction is less than Rs. 2.5 Lakh. Also includes local sales irrespective of the value of the transaction. To know more, refer B2C description in GSTR-1 and Recording B2C invoices in TallyPrime." } },{ "@type": "Question", "name": "Where can I get the information on reverse charge, the applicable tax rates and liability, and if the service is eligible for claiming input credit?", "acceptedAnswer": { "@type": "Answer", "text": "The details on reverse charge are available on our blog for GST at: http://blogs.tallysolutions.com/managing-reverse-charge-gst/ http://blogs.tallysolutions.com/gta-under-gst-and-the-gst-rates-applicable/ http://blogs.tallysolutions.com/tax-liability-itc-on-gta-services-under-gst/" } },{ "@type": "Question", "name": "How do I file Form GST TRAN-1?", "acceptedAnswer": { "@type": "Answer", "text": "Refer to our blog for detailed information." } },{ "@type": "Question", "name": "What are the tax rates applicable for services under Goods Transport Agency (GTA)?", "acceptedAnswer": { "@type": "Answer", "text": "Refer to our blog for details on: Goods Transport Agency under GST and the Rates Applicable Tax liability and ITC on GTA Service under GST" } },{ "@type": "Question", "name": "Do I need to start the voucher numbering for sales afresh under GST?", "acceptedAnswer": { "@type": "Answer", "text": "You need to maintain unique sequential voucher numbers for your sales invoices under GST. You can use the voucher numbering feature in TallyPrime to set the voucher number which has to be unique and sequential, based on your business needs." } },{ "@type": "Question", "name": "Where can I get the details of HSN codes?", "acceptedAnswer": { "@type": "Answer", "text": "You can view the list of HSN for goods from http://cbec.gov.in/." } },{ "@type": "Question", "name": "Is it required to maintain separate Voucher types for sales made to registered and unregistered dealers? Also, is it required to maintain separate serial numbers for each type of sales?", "acceptedAnswer": { "@type": "Answer", "text": "You need not maintain separate voucher types for sales to registered and unregistered dealers. And, you need to maintain unique sequential voucher numbers for all your sales invoices under GST." } },{ "@type": "Question", "name": "Is it mandatory to print HSN code in invoices? What are the threshold limits of turnover based on which I need to print HSN on invoices?", "acceptedAnswer": { "@type": "Answer", "text": "Until 31st March 2021, if your turnover is: Upto Rs. 1.50 Crores - Need not print HSN code in your invoice. From Rs. 1.50 to 5 Crores - Print 2 digits of HSN code in your invoice. More than Rs. 5 Crores - Print 4 digits of HSN code in your invoice. Effective from 1st April 2021, if your turnover is: Upto Rs. 5 Crores - Print 4 digits of HSN code in your invoice. More than Rs. 5 Crores - Print 6 digits of HSN code in your invoice." } },{ "@type": "Question", "name": "Should a GTA providing service to an unregistered person, charge GST on forward charge or reverse charge?", "acceptedAnswer": { "@type": "Answer", "text": "The tax should be charged based on forward charge even if the service is categorized under reverse charge." } },{ "@type": "Question", "name": "For a GTA, the recipient liability arises after making payment to the service provider, but in TallyPrime why is it appearing immediately after recording an invoice?", "acceptedAnswer": { "@type": "Answer", "text": "There is no such condition for availing input credit. You can avail input tax credit on the day of booking expense, even if the payment to the service provider or department is not made." } },{ "@type": "Question", "name": "What has to be done if a GTA is registered under GST, but does not charge GST in his invoice?", "acceptedAnswer": { "@type": "Answer", "text": "The recipient should insist for a valid invoice. The invoice should have details of tax details (tax analysis), which is not added to the invoice value, with an indication that the invoice is under reverse charge." } },{ "@type": "Question", "name": "Can I avail reverse charge credit on exempt goods?", "acceptedAnswer": { "@type": "Answer", "text": "Fully exempt supply does not qualify for input tax credit." } },{ "@type": "Question", "name": "Is interstate purchase from unregistered dealer, exempt from tax?", "acceptedAnswer": { "@type": "Answer", "text": "Interstate purchase from unregistered dealer is not allowed, other than for handicraft and raw cotton." } },{ "@type": "Question", "name": "As a registered GTA, how can I file GSTR-for transporter when GST is not charged?", "acceptedAnswer": { "@type": "Answer", "text": "The assessees registered as Goods Transport Agency (GTA) should file GSTR-1 returns by marking the Invoice Type as Reverse Charge." } },{ "@type": "Question", "name": "If a GTA is registered, is it mandatory to adopt forward charge?", "acceptedAnswer": { "@type": "Answer", "text": "As GTA is listed under reverse charge supplies, the liability or tax credit is also under reverse charge. If the supply is being made to unregistered dealer, it attracts forward charge." } }] }