Effortless Management of Intrastate Inward and Outward Services in Tally Prime
Intrastate Inward Supply
05-07-23 JS Enterprises received Advertising Services worth Rs. 300,000 from Thanvi Pvt Ltd, Tamil Nadu. Additionally, GST @18% is charged on the invoice with reference number JS001.
| Party Ledger |
| Name |
Thanvi Pvt Ltd |
| Under |
Sundry Creditors |
| Maintain balances bill-by-bill |
Yes |
| Advertising Services |
| Name |
Advertising Services |
| Under |
Indirect Expenses |
| Is GST Applicable |
Applicable |
| Set/alter GST details |
No |
| Type of Supply |
Services |
| State Tax |
| Name |
State Tax |
| Under |
Duties & Taxes |
| Type of duty/tax |
GST |
| Tax type |
State Tax |
Intrastate Outward Supply
08-07-23 JS Enterprises rendered Catering Services for a business event in Tamil Nadu worth Rs. 500,000 to VMK Industries Pvt Ltd. Additionally, GST @18% is charged on the invoice with reference number SA001.
| Party Ledger |
| Name |
VMK Industries Pvt Ltd |
| Under |
Sundry Debtors |
| Maintain balances bill-by-bill |
Yes |
| Tax Registration Details |
| Set/alter GST details |
Yes |
| GST Details |
| Registration Type |
Regular |
| Catering Service |
| Name |
Catering Services |
| Under |
Indirect Income |
| Is GST Applicable |
Applicable |
| Set/alter GST details |
Yes |
| HSN/SAC Details |
| Description |
Catering Services |
| HSN/SAC |
996334 |
| Nature of transaction |
Not Applicable |
| Tax Details |
| Taxability |
Taxable |
| Integrated tax |
18% |
| Type of Supply |
Services |
05-07-23 JS Enterprises received Advertising Services worth Rs. 300,000 from Thanvi Pvt Ltd, Tamil Nadu. Additionally, GST @18% is charged on the invoice with reference number JS001.
- Date: 05-07-23
- Party Ledger:
- Name: Thanvi Pvt Ltd
- Under: Sundry Creditors
- Maintain balances bill-by-bill: Yes (This allows tracking of individual bills from the same party)
- Advertising Services:
- Name: Advertising Services
- Under: Indirect Expenses
- Is GST Applicable: Yes
- Set/alter GST details: No (This indicates that the GST details for this ledger are predefined and not modified here)
- Type of Supply: Services
- State Tax:
- Name: State Tax
- Under: Duties & Taxes
- Type of duty/tax: GST
- Tax type: State Tax (This indicates that the tax is levied by the state government)
- Additional Details:
- Invoice Reference: JS001
- Amount of Advertising Services: Rs. 300,000
- GST Rate: 18%
- CGST: Rs. 27,000
- SGST: Rs. 27,000
08-07-23 JS Enterprises rendered Catering Services for a business event in Tamil Nadu worth Rs. 500,000 to VMK Industries Pvt Ltd. Additionally, GST @18% is charged on the invoice with reference number SA001.
- Date: 08-07-23
- Party Ledger:
- Name: VMK Industries Pvt Ltd
- Under: Sundry Debtors
- Maintain balances bill-by-bill: Yes (This allows tracking of individual bills from the same party)
- Tax Registration Details:
- Set/alter GST details: Yes (Indicates that GST details for this ledger are modified here)
- GST Details:
- Registration Type: Unregistered/Consumer (Indicates that VMK Industries Pvt Ltd is Unregistered/Consumer under GST)
- Catering Service:
- Name: Catering Services
- Under: Indirect Income
- Is GST Applicable: Yes
- Set/alter GST details: Yes (Indicates that GST details for this ledger are modified here)
- HSN/SAC Details:
- Description: Catering Services
- HSN/SAC: 996334
- Nature of transaction: Not Applicable
- Tax Details:
- Taxability: Taxable
- Integrated Tax: 18%
- Type of Supply: Services
- Additional Details:
- Invoice Reference: SA001
- Amount of Catering Services: Rs. 500,000
- GST Rate: 18%
- CGST: Rs. 45,000
- SGST: Rs. 45,000
