Create party ledger for gst, customer & supplier ledgers
Here in this post we are discussing how to create party ledger for gst implementation in tally. To create a customer or sundry debtor ledger To create a customer ledger as usual go to Gateway of Tally> Accounting Info>Ledger >Create In the ledger creation screen enter the following. Name: Customer A (Name of the customer )… (0 comment)

Create GST Purchase and sales ledger in tally erp 9
We know how to create a ledger in tally erp 9. Earlier we had posted to creating purchase ledger and sales ledger in normal mode. But here we are explaining creating ledger of sales and purchase for GST Compliance. There are not much difference in creating a sale ledger and purchase ledger for gst with normal ledger creation.… (0 comment)

Composite supply and mixed supply under GST rule & Invoice format
Composite supply and mixed supply is the essential part of the modern sale process.Business sells goods and services as bundle. Mixed supply makes bundle s mostly for sale promotion where as Composite supply sells goods and services which are inter-related each other. Let’s learn this in detail. What is Composite supply or composite sale ?… (0 comment)

How to Find GST rates, right HSN/SAC Codes
How to Find Right HSN Codes and SAC codes for generating invoice under GST for accounting. Here I am illustrating some sources available over internet to get the right HSN code and tax rates. As we all know; HSN Code will be optional for tax payers having annual turnover up to 1.5 crore, but they… (1 comment)

Download GST rates & HSN/SAC codes in excel & pdf format
GST is the new Indirect tax implemented in India from  1st July 2017. We will share an Excel sheet & PDF with Complete Gst rate ,HSN & SAC Codes for Downloading. However this may not be a complete or exhaustive list of items under exemptions or attracting concessional rates under GST. Some of the items… (6 comments)

how to get provisional id for gst enrolment?
Now its time to enrol into the new tax system GST.  All existing tax payers registered with state and central laws like central excise, VAT, Service tax ,Entry tax, luxury tax and entertainment are advised to migrate on the new new GST portal to validate existing data and fill up the remaining data required in… (14 comments)