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Tuesday, 29 August 2017 10:54

Activating GST

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To use Tally.ERP 9 for GST compliance, you need to activate the GST feature. Once activated, GST-related features are available in ledgers, stock items, and transactions, and GST returns can be generated.

To activate GST

1.    Open the company for which you need to activate GST.

2.    Press F11 > F3.

3.    Enable Goods and Services Tax (GST) - Yes.

4.    Set/alter GST details - Yes.

State: Displays the state you have selected for your company. Helps in identifying local and interstate transactions. If you change the state, it will be updated in the company details.

5.    Specify the GSTIN/UIN for the business. This can be printed in the invoices as required. You can specify this later.

6.    Specify Applicable from date. GST will be applicable for your transactions from this date onwards.

You can record transactions using the ledgers with GST details, and print invoices with GSTIN.

If required, deactivate other taxes like VAT, as applicable. For this, open the corresponding tax details screen and specify the Deactivate from date.

To deactivate VAT

1.    Open the company for which you need to deactivate VAT.

2.    Press F11 > F3.

3.    Enable Value Added Tax (VAT)? - Yes

4.    Set/alter VAT details? - Yes

5.    Enter the Deactivate from date in the Company VAT Details screen.

6.    Press Ctrl+A to accept.

Similarly, deactivate excise and service tax by entering the date in the field Deactivate from of Excise Registration Details and Service Tax Details screen.

To disable TIN in the print configuration

1.    Go to Gateway of Tally > Accounting Vouchers > F8: Sales.

2.    Record the sales transaction.

3.    Press Alt+P.

4.    Click F12: Configure.

5.    Print Company's Tax Regn. Numbers? - No.

6.    Press Ctrl+A to accept.

 

 

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