With the GST Rate Setup report in TallyPrime, you can conveniently update the GST Rate as well as HSN/SAC details for your inventory masters, such as stock items and stock groups, as well as accounting masters, such as ledgers and groups.

Quickly set up GST rates for your company, stock item-wise or stock group-wise, using the GST Rate Setup option. You must enable GST in your company to provide GST rates. You can set up GST rates at the company level, stock group level, …

Quickly set up GST rates for your company, stock item-wise or stock group-wise, using the GST Rate Setup option. You must enable GST in your company to provide GST rates. You can set up GST rates at the company level, stock group level, stock item level, account ledger group level, and ledger level.

Jan 11, 2024 · Here are the steps on how to set GST details in TallyPrime: 1. Enable GST for the Company: 2. Set Company GST Details: 3. Set GST Rates for Stock Items: 4. Set GST Details for Ledgers: 5. Additional Steps for Specific GST Registration Types: 1. Enable GST for the Company: Open the company in TallyPrime. Press F11 (Features).

Jan 30, 2024 · Setting GST rates in Tally Prime requires two main steps: configuring the Tax Rate Setup and applying those rates to your Stock Items and Stock Groups. 1. Accessing the Tax Rate Setup: 2. Choosing the Master List: 3. Selecting Masters and Setting Rates: 4. Additional Options: 5. Saving and Verification: 1. Accessing the Tax Rate Setup:

Mar 6, 2025 · TallyPrime allows businesses to set GST rates at multiple levels (Stock Items, Groups, Ledgers, and GST Classifications) to ensure proper tax calculation. Regularly reviewing the GST Rate Setup Report can help businesses stay compliant with GST regulations.

Dec 21, 2022 · Follow the 5 easy steps below to define GST rate in Stock Items in Tally Prime; Step 1: On Gateway of Tally, go to create or alter item master. Step 2: Press F12: Configuration and Enable Set GST Details option. Step 3: You will …

Dec 28, 2020 · In TallyPrime we can set GST rates at ledger level, ledger group level, stock group level, stock item level, and company level. In the previous post, we saw “How to create the stock group and stock items? “.

GST IN TALLY.ERP 9 - 2020 www.gstcentre.in 2 Taxability: Select Taxable for goods and services that are classified as taxable type of supply under GST. Select Exempt , if the type of supply is exempted from tax under GST, or select Nil Rated , if the tax rate applicable to the type of supply is 0% under GST.

To use GST in TallyPrime, you have to first enable GST for your company. After that, you can easily save the GST details such as State, GSTIN/UIN, Registration Type, and so on. Once these details are saved in the company GST Details, they will be reflected in your GST transactions.