Question

GST working principles in tally?

Answer 1

Answer:

goods service tax it can be to pay tax

Answer 2

GST working principles in tally are as follows:

• GST Calculation: The GST calculations have to be done before passing an entry in Accounts.

• Taxable value: Tax is levied in this part.

• Tax types: IGST ledger will be created and selected while preparing entry for Accounting.

• Tax rate: There should be 18% IGST tax (might vary).

Ledger creation: Create the ledger, e.g. ABC Corp. with the GSTIN number.