27. What is Supplementary invoice.
Supplementary invoice has to be issued by a taxable person in case where any deficiency is found in
the tax invoice which is already issued to the customer. Dictionary meaning of the term
“supplementary” is added to complete or make up a deficiency. Thus supplementary tax invoice is to
be issued where any deficiency is found in a tax invoice issued already to supplement / remove such
deficiency.
For example: Mr. X has sold Colour TV to Mr. Y for Rs. 10000/- and issued tax invoice to Mr. Y and
later Mr. X came to know that the Colour TV cost is Rs.12000/- in this case Mr. X has to issue
supplementary invoice for difference amount Rs. 2000/- below is the format of supplementary
invoice
38. Mahesh Enterprises of Hyderabad purchased goods from Ashish Enterprises of Chennai,
he paid GST @ 28%. Record the transaction in accounting software
In the given problem there is no inventory so we have to configure the tax rate at ledger
creation
Step 1. Create company in the name of Mahesh Enterprises
Gateway of Tally >Press Alt+F3>Create Company > fill the below particulars
Name: Mahesh Enterprises Financial Year: 1-4-2018
Address : Hyderabad Books Beginning from : 1-4-2018.
Country : India
State: Telangana
Press Ctrl + A to Save the company
Step 2. Configuration of GST in Tally
Gateway of Tally > Press F11-Company Features > Statutory &Taxation give the following
particulars
Enable Goods and Services Tax (GST) ? YES
Set / alter GST details ? Yes
State: :Telangana
Registration type : Regular
Assessee of Other Territory : No
GSTIN / UIN : 36AJCPS0057J1Z5
Applicable form : 1-4-2018.
Periodicity of GSTR-1 : Monthly
Press Ctrl+ A to Save
Step 3 Creation of Ledger Accounts.
Gateway of Tally >Accounting info > Single Ledger > Create
Name : IGST - Purchase
Under : Purchase Account
Is GST Applicable ? Applicable
Set / alter GST details ? Yes and press F12 and make Yes to All columns
Description : Goods
HSN / SAC : 1234
Nature of Transaction : Interstate Purchase Taxable
Integrated Tax : 28%
Central Tax : 14%
State Tax : 14%
Cess : 0%
Type of Supply : Goods
Ctrl +A to save
Name : Ashish Enterprises
Under : Sundry Creditor
State: Tamilnadu
Registration type : Regular
GSTIN/UIN :33AAACC6106G5Z4
Ctrl + A to save
Name : IGST
Under : Duties & Taxes
Type of Duty /Tax : GST
Tax Type :Integrated Tax
Ctrl + A to save
Step 4 Voucher Entry
Gate of Tally > Accounting Voucher >
Click on F9 Purchase on right side button bar or press F9
Press Alt + I to convert into Accounting Invoice. And give the below particulars
Supplier Invoice No:50 Date:1-4-18
Party Name: Ashish Enterprises
Particulars Amount
IGST- Purchase 100000
IGST 28000
Total 128000
Ctrl + A
Step 5 Reports Gateway of Tally > Display > Statutory Reports> GST > GSTR2> Select B2B
invoices -3, 4A
Ctrl + A to Save
Step 7 Report
Gateway of Tally > Display > Statutory Report > GST > GSTR3B
40. What is the value in GST invoices when Rs. 10000 worth of goods are purchased, GST tax rate @
5%. In second invoice two purchases of Rs 5000 worth goods GST rate @ 5% and another Rs 5000
GST @ 18%. Both the transactions are intra state and show the GST Tax ledgers.
Step 1. Create company in the name of Reeha Enterprises
Gateway of Tally >Press Alt+F3>Create Company > fill the below particulars
Name: Reeha Enterprises Financial Year : 1-4-2018
Address : Hyderabad Books Beginning from : 1-4-2018.
Country : India
Press Esc and Save by press Ctrl + A
41. Mr. A sold goods to Mr. B for Rs. 20,000. Mr. A is charging packing charges of Rs. 800 and also
paying freight of Rs. 2800 from Mr. A’s premises to Mr. B’s premises. Mr. A also charged interest of
Rs. 750 for delay in payment. Determine the taxable value for levy of GST.Whether packing charges
or freight, Interstate required including in the invoice to determine taxable value? Show Tax Invoice
GST@ 12% (intra state supply).
Solution: As per GST law any additional expenses are charged in the invoice along with the stock
items the additional expenses are included in calculation of taxable value.
Step 1. Create company in the name of Mr. A Kumar
Gateway of Tally >Press Alt+F3>Create Company > fill the below particulars
Name: Mr. A Kumar Financial Year : 1-4-2018
Address : Hyderabad Books Beginning from : 1-4-2018.
Country : India
State: Telangana
Press Ctrl + A to Save the company
Step 2. Configuration of GST in Tally
Gateway of Tally > Press F11-Company Features > Statutory &Taxation give the following
particulars
Enable Goods and Services Tax (GST) ? YES
Set / alter GST details ? Yes
State: :Telangana
Registration type : Regular
Assessee of Other Territory : No
GSTIN / UIN : 36AJCPS0057J1Z5
Name : CGST
Under : Duties & Taxes
Type of Duty /Tax : GST
Tax Type : Central Tax
Ctrl + A to save
Name : SGST
Under : Duties & Taxes
Type of Duty /Tax : GST
Tax Type : State Tax
Ctrl + A to save
Step 4 Voucher Entry
Gate of Tally > Accounting Voucher >
Click on F8 Sales on right side button bar or press F
Press Alt + I to convert into Accounting Invoice. And give the below particulars
Reference No:65 Date:1-4-18
Party Name: Customer
Particulars Amount
GST- Sales @ 12% 20000
Packing Charges 800
Freight Charges 2800
Interest on delay payment 750
CGST 1461
SGST 1461
Total 27272
Press Alt + A for tax analysis and press Alt + F1 for detail you will get the following screen
Press Ctrl + A
44. What are the conditions for E-Way bill. What are the options available in Tally.
EWay Bill is an Electronic Way bill for movement of goods to be generated on the eWay Bill Portal. A GST registered person
cannot transport goods in a vehicle whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery challan) without an e-way bill that
is generated on ewaybillgst.gov.in Alternatively, Eway bill can also be generated or cancelled through SMS, When an eway bill is
generated, a unique Eway Bill Number (EBN) is allocated and is available to the supplier, recipient, and the transporter.
E-Way bill should be generated by the below mentioned dealer
Registered Person – Eway bill must be generated when there is a movement of goods of more than Rs 50,000 in value to
or from a Registered Person. A Registered person or the transporter may choose to generate and carry eway bill even if
the value of goods is less than Rs 50,000.
Unregistered Persons – Unregistered persons are also required to generate e-Way Bill. However, where a supply is
made by an unregistered person to a registered person, the receiver will have to ensure all the compliances are met as if
they were the supplier.
Transporter – Transporters carrying goods by road, air, rail, etc. also need to generate e-Way Bill if the supplier has not
generated an e-Way Bill.
if you are already using Tally.ERP 9, below is a simple step-by-step guide on how to generate e-Way Bill Numbers for transactions
recorded in Tally.ERP 9.
The e-Way Bill captures invoice details and transport details. The invoice level details will be readil y available in the invoices which you
have created in Tally.ERP 9.
Tally.ERP 9 provides two options to print invoices. You can choose from either of the following two options which are available in the
F12 configuration while printing.
“Print item-wise GST details” option
“Print HSN/SAC details” option
Tally.ERP 9 Release 6.4 will identify invoices that need e-Way Bill and alert you if there are any missing details which are
mandatory for generating the bills.
With a single click, you can export all the information needed for generating e-Way Bill numbers in a JSON format or the
Excel Offline Utility tool provided by the department.
You will have the flexibility to export e-Way Bill information for each invoice at the time of saving, or for multiple invoices at
one go through a report.
Upload the JSON file in the e-Way Bill portal. The e-Way Bill numbers generated on the portal can be updated against their
corresponding invoices in Tally.ERP 9.
You can record and track invoices along with their e-Way Bill numbers from reports.
Under : Primary
Units :Nos
GST Applicable : Applicable
Set/alter GST Details ? Yes
Description :Laptop
HSN Code: 7510
Calculation type : On Value
Taxability : Taxable
Integrated Tax : 18%
Central Tax : 9%
State Tax : 9%
Cess : 0%
Type of Supply : Goods
Step 4 Voucher Entry
Gate of Tally > Accounting Voucher >
Click on F8 Sales on right side button bar or press F8
Press Alt + I to convert into Item Invoice. And give the below particulars
Reference No:65 Date:1-4-18
Party Name: Raj
Activation of Debit Note / Credit Note
Gateway of Tally > F11 > Inventory features >
Use debit and credit notes : Yes
Record credit notes in invoice mode : Yes
Record debit notes in invoice mode : Yes
Step 4 Accounting voucher
Gateway of Tally > Accounting Vouchers > press ctrl +F8 for Debit Note and enter the below
particulars
48. Assume five intra state purchase and sale transactions and show Input tax credit in Tally.
Purchase:
Party Name State GSTIN Item Qty Rate Amount GST Tot. Amt
Primodia Gujarat 24AAACC6106G2Z6 computer 10 25000 250000 45000 295000
Vijay Textiles Maharastra 27AAACC6106G4ZY computer 5 25000 125000 22500 147500
Deltra Global Karnataka 29AAACC6106G1ZX computer 12 25000 300000 54000 354000
Lallu Pvt Ltd Kerala 32AAACC6106G3Z8 computer 15 25000 375000 67500 442500
Bheema & Co Tamilnadu 33AAACC6106G5Z4 computer 20 25000 500000 90000 590000
Sales
Tot.
Party Name State GSTIN Item Qty Rate Amount GST Amt
Kiran Kumar Gujarat 24AAACC6106G2Z6 computer 5 30000 125000 22500 147500
Kishore Maharastra 27AAACC6106G4ZY computer 3 30000 75000 13500 88500
Reeha Enterprises Karnataka 29AAACC6106G1ZX computer 8 30000 200000 36000 236000
Anviksha & Co Kerala 32AAACC6106G3Z8 computer 10 30000 250000 45000 295000
Kumar & Co Tamilnadu 33AAACC6106G5Z4 computer 15 30000 375000 67500 442500
Step 1. Create company in the name of Villa Computers Solutions Pvt. Ltd.
Gateway of Tally >Press Alt+F3>Create Company > fill the below particulars
Name: Villa Computers Solutions Pvt. Ltd. Financial Year : 1-4-2018
Address : Hyderabad Books Beginning from : 1-4-2018.
Country : India
State: Telangana
Ref No. : 05 Date: 1-4-18
Party Name : Kumar & Co
Purchase Ledger : GST – Sales
Name of Item Qty Rate Amount
Computer 15 30000 450000
IGST 81000
Total 531000
Ctrl + A Save
Reports
Gateway of Tally >> Display >> Statutory Reports >> GST >> GSTR3B
49. Out ward supplies, B2B, Goods sold to R dealer Rs. 120000, Goods sold to Customer (B2C)
Rs.15000, Goods sold to Interstate dealer Y Rs. 150000. Assuming GST @ 18% show the effect of
outward supplies in GST Return.
Step 1. Create company in the name of P.U Solutions Pvt. Ltd.
Gateway of Tally >Press Alt+F3>Create Company > fill the below particulars
Name: P.U Solutions Pvt. Ltd. Financial Year : 1-4-2018
Address : Hyderabad Books Beginning from : 1-4-2018.
Country : India
State: Telangana
Press Ctrl + A to Save the company
Step 2. Configuration of GST in Tally
Party Name : Y Dealer
Particulars Amount
IGST – Sales 150000
IGST 27000
Total 177000
Ctrl + A Save
Reports
Gateway of Tally >> Display >> Statutory Report >> GST>> GSTR1
50. Purchased goods from registered dealer M/s Modern, Rs. 50000 and Rs. 5000 was paid as
advance, Purchased goods from unregistered dealer M/s. Ram Rs. 40000. Purchased goods
from interstate dealer M/s Jyothi. Rs. 75000. Goods returned to M/s Jyothi Rs.5000, after
raising tax invoice. Record Inward supplies in Tally.
Step 1. Create company in the name of Karunya Enterprises.
Gateway of Tally >Press Alt+F3>Create Company > fill the below particulars
Name: Karunya Enterprises. Financial Year : 1-4-2018
Address : Hyderabad Books Beginning from : 1-4-2018.
Country : India
State: Telangana
Press Ctrl + A to Save the company
Step 2. Configuration of GST in Tally
Gateway of Tally > Press F11-Company Features > Statutory &Taxation give the following
particulars
Enable Goods and Services Tax (GST) ? YES
Set / alter GST details ? Yes
