What is GST? GST (Goods and Services Tax) is an indirect tax levied on the supply of goods and services in India. It replaced multiple indirect taxes like VAT, service tax, excise duty, etc., and is a comprehensive, multi-stage, destination-based tax. GST is divided into three types: 1. CGST (Central GST): Collected by the Central Government on intra-state sales. 2. SGST (State GST): Collected by the State Government on intra-state sales. 3. IGST (Integrated GST): Collected by the Central Government on inter-state sales. How to Determine GST in Tally ERP 9 Tally ERP 9 is widely used for accounting and GST compliance in India. Below are the steps to determine and process GST in Tally ERP 9: --- Step 1: Enable GST in Tally ERP 9 1. Open Tally ERP 9. 2. Go to Gateway of Tally > F11: Features > F3: Statutory & Taxation 3. Set Enable Goods and Services Tax (GST) to Yes. 4. Configure other GST-related details like the GSTIN, state, and tax rates. 5. Save the settings. -...
HTML, CSS, JavaScript, PHP, Mysql, Microsoft Excel, Microsoft Access, Microsoft Word. Tally ERP9, Computer Fundamentals and Internet etc.