Import purchase entry
This query is : Resolved
29 October 2025
Show how a import purchase entry in tally prime with example
04 November 2025
To record an import purchase entry in Tally Prime, follow these step-by-step instructions, including an illustrative example:
Step-by-Step Import Purchase Entry
Create or Open Company
Open Tally Prime and load your company data where you want to record the import purchase.
Step-by-Step Import Purchase Entry
Create or Open Company
Open Tally Prime and load your company data where you want to record the import purchase.
04 November 2025
Set Up Required Ledgers
Supplier Ledger: Create a ledger for the foreign supplier, making sure to set the country as outside India.
Custom Duty Ledger: Create an expense ledger (group under Duties & Taxes).
Purchase Ledger: Create a purchase ledger with the nature of transaction set to “Imports”.
Create the Import Purchase Voucher
Go to Gateway of Tally > Vouchers and press F9 (Purchase).
Select your foreign Supplier ledger.
Select the Purchase ledger (ensure it is set for Imports).
Enter the Stock Item, quantity, and rate.
Under Provide GST/e-Way Bill details, set to Yes to enter Port Code, Bill of Entry No., date, and other import-specific details.
Add Custom Duty and IGST
In sub-details, add the Custom Duty ledger and enter the duty amount as per your Bill of Entry.
Add IGST on Import ledger (under Duties & Taxes, with GST details) and input the calculated IGST amount.
Save the Voucher
After all details and taxes are entered, press Ctrl+A to save the voucher.
Supplier Ledger: Create a ledger for the foreign supplier, making sure to set the country as outside India.
Custom Duty Ledger: Create an expense ledger (group under Duties & Taxes).
Purchase Ledger: Create a purchase ledger with the nature of transaction set to “Imports”.
Create the Import Purchase Voucher
Go to Gateway of Tally > Vouchers and press F9 (Purchase).
Select your foreign Supplier ledger.
Select the Purchase ledger (ensure it is set for Imports).
Enter the Stock Item, quantity, and rate.
Under Provide GST/e-Way Bill details, set to Yes to enter Port Code, Bill of Entry No., date, and other import-specific details.
Add Custom Duty and IGST
In sub-details, add the Custom Duty ledger and enter the duty amount as per your Bill of Entry.
Add IGST on Import ledger (under Duties & Taxes, with GST details) and input the calculated IGST amount.
Save the Voucher
After all details and taxes are entered, press Ctrl+A to save the voucher.
04 November 2025
Example Entry
Suppose you are importing machinery worth ₹1,50,000 from UK:
Foreign Supplier: UK Machines Ltd.
Import Purchase Value: ₹1,50,000
Customs Duty: ₹15,000
IGST on Import: ₹24,300 (assuming 18% IGST)
Voucher Steps:
Select the supplier (UK Machines Ltd.)
Choose the “Purchase - Imports” ledger
Enter stock details (e.g., Machinery, 1 nos, ₹1,50,000)
Add Customs Duty as an expense
Add IGST as a tax
Enter Bill of Entry No., Port Code, etc.
Save the entry.
Suppose you are importing machinery worth ₹1,50,000 from UK:
Foreign Supplier: UK Machines Ltd.
Import Purchase Value: ₹1,50,000
Customs Duty: ₹15,000
IGST on Import: ₹24,300 (assuming 18% IGST)
Voucher Steps:
Select the supplier (UK Machines Ltd.)
Choose the “Purchase - Imports” ledger
Enter stock details (e.g., Machinery, 1 nos, ₹1,50,000)
Add Customs Duty as an expense
Add IGST as a tax
Enter Bill of Entry No., Port Code, etc.
Save the entry.
04 November 2025
Points to Note
The tax credit for IGST paid on imports can be claimed in GSTR-3B.
All duties and taxes are paid on a reverse charge basis by the recipient (importer).
Attach import-specific details like Bill of Entry No., Port Code, and date.
The entry will reflect in purchase and GST reports.
The tax credit for IGST paid on imports can be claimed in GSTR-3B.
All duties and taxes are paid on a reverse charge basis by the recipient (importer).
Attach import-specific details like Bill of Entry No., Port Code, and date.
The entry will reflect in purchase and GST reports.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Transport service POS
- To Whom the Invoice should be Raise to
- GSTR 9C- Table 9
- E INVOICE, E-WAY, INVOICE
- INCOME TAX NOTICE QUESTION
- PLACE OF SUPPLY FOR COMMISSION AGENT
- Form 104 stamp paper deed
- Capital gain on sale of resident house by non-resident Indian
- Query Regarding Error in Establishing Connection with Traces WebSocket eSigner
- Sale Proceed of Urban Agri. Land received in Advance in FY 24-25 but Registry is made in next year
- Distinct person & regular person POS
- TDS- late filing - U/s.234E
- Assessee have two pan cards.unable to answer the reassessment proceedings due to non linking aadhar
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
