TALLY ERP9

GST EXERCISE

TAX LEDGERS
1. CGST @ 6% = Central Goods and Services Tax (For Local)
2. SGST @ 6% = State Goods and Services Tax (For Local)
3. IGST @ 12% = Integrated Goods and Services Tax (For Inter-State)


OTHER LEDGERS :
1. Local Purchases
2. Local Sales
3. Inter-State Purchases
4. Inter-State Sales

ACTIVATION:
F11: Features
Statutory and Taxation
Enable GST = Yes
Set/Alter GST details = Yes
Give the details
Accept.


Company Name: MAP Mobiles. Ltd.
Address: 32/4 First Street, Nanganallur, Chennai 600 061.
GST NO.33AAPCB5343E1Z8
(We are dealing with Mobile Phones)

1. On 1st July 2017 purchased 25 mobile phones costing Rs.12000 each from Mobile Solutions Ltd. in Hyderabad including IGST @ 12% on cost (invoice No.06/TI/2017). Pass the necessary entry.

2. Sold 10 mobile phones on 01/07/2017 for Rs.15000/- each and charged GST @ 12% Invoice No.TI/01/17-18 to Mr. Suresh in Chennai as local sales. Please make Sales Invoice under GST.

3. Purchased 20 mobile phones from Thendralan Ltd. (Chennai) on 1st July 2017 costing Rs.12000 each with GST @ 12% (invoice No.03/TI/17-18). Make purchase entry.

4. Sold 20 mobile phone on 01/07/2017 Rs.15,000 each and charge IGST @ 12% invoice No.TI/02/17-18 to Mr. Mukilan and Company in Karnataka; pass the necessary entry.