Go AD-Free with CAclubindia Pro and get Daily WhatsApp Updates. Subscribe Now!

banner_ad

CGST/SGST Classification

A/c entries 771 views 2 replies

CRR RR

44 Points Joined October 2024

Hi Sir

Please advise

CGST Input

SGST Input

CGST Out put tax

SGST Output tax

classifications in Tally prime

Thanks

Replies (2)

Rama chary Rachakonda

Master in Accounts & high court Advocate

9610 Points Joined December 2011

In Tally Prime, you can classify the CGST, SGST, IGST, and cess under the following categories: Tax Classification in Tally Prime *1. CGST Input* - *Tax Type*: Central Tax - *Tax Ledger*: CGST Input (under Duties & Taxes) - *Classification*:

Input Credit *2. SGST Input* - *Tax Type*: State Tax - *Tax Ledger*: SGST Input (under Duties & Taxes) - *Classification*: Input Credit

*3. CGST Output Tax* - *Tax Type*: Central Tax - *Tax Ledger*: CGST Output (under Duties & Taxes) - *Classification*: Output Tax

*4. SGST Output Tax* - *Tax Type*: State Tax - *Tax Ledger*: SGST Output (under Duties & Taxes) - *Classification*: Output Tax

*5. IGST Input* - *Tax Type*: Integrated Tax - *Tax Ledger*: IGST Input (under Duties & Taxes) - *Classification*: Input Credit

*6. IGST Output Tax* - *Tax Type*: Integrated Tax - *Tax Ledger*: IGST Output (under Duties & Taxes) - *Classification: Output Tax

7. Cess Input* - *Tax Type*: Cess - *Tax Ledger*: Cess Input (under Duties & Taxes) - *Classification*: Input Credit *8. Cess Output Tax* - *Tax Type*: Cess - *Tax Ledger*: Cess Output (under Duties & Taxes) - *Classification*:

Output Tax To classify these taxes in Tally Prime: 1. Go to *Gateway of Tally* > *Accounts Info* > *Ledgers* > *Create*.

2. Create separate ledgers for CGST Input, SGST Input, CGST Output, SGST Output, IGST Input, IGST Output, Cess Input, and Cess Output under *Duties & Taxes*.

3. Set the *Tax Type* and *Tax Ledger* accordingly for each ledger.

4. Classify the ledgers under *Input Credit* or *Output Tax* as applicable. By following these steps, you'll be able to accurately classify CGST, SGST, IGST, and cess in Tally Prime.

Rama chary Rachakonda

Master in Accounts & high court Advocate

9610 Points Joined December 2011

In Tally Prime, you can classify the CGST, SGST, IGST, and cess under the following categories: Tax Classification in Tally Prime *1. CGST Input* - *Tax Type*: Central Tax - *Tax Ledger*: CGST Input (under Duties & Taxes) - *Classification*:

Input Credit *2. SGST Input* - *Tax Type*: State Tax - *Tax Ledger*: SGST Input (under Duties & Taxes) - *Classification*: Input Credit

*3. CGST Output Tax* - *Tax Type*: Central Tax - *Tax Ledger*: CGST Output (under Duties & Taxes) - *Classification*: Output Tax

*4. SGST Output Tax* - *Tax Type*: State Tax - *Tax Ledger*: SGST Output (under Duties & Taxes) - *Classification*: Output Tax

*5. IGST Input* - *Tax Type*: Integrated Tax - *Tax Ledger*: IGST Input (under Duties & Taxes) - *Classification*: Input Credit

*6. IGST Output Tax* - *Tax Type*: Integrated Tax - *Tax Ledger*: IGST Output (under Duties & Taxes) - *Classification: Output Tax

7. Cess Input* - *Tax Type*: Cess - *Tax Ledger*: Cess Input (under Duties & Taxes) - *Classification*: Input Credit *8. Cess Output Tax* - *Tax Type*: Cess - *Tax Ledger*: Cess Output (under Duties & Taxes) - *Classification*:

Output Tax To classify these taxes in Tally Prime: 1. Go to *Gateway of Tally* > *Accounts Info* > *Ledgers* > *Create*.

2. Create separate ledgers for CGST Input, SGST Input, CGST Output, SGST Output, IGST Input, IGST Output, Cess Input, and Cess Output under *Duties & Taxes*.

3. Set the *Tax Type* and *Tax Ledger* accordingly for each ledger.

4. Classify the ledgers under *Input Credit* or *Output Tax* as applicable. By following these steps, you'll be able to accurately classify CGST, SGST, IGST, and cess in Tally Prime.

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register

Recent Threads

More recent discussions | Post

Related Threads

Latest Job Openings

View all

Featured 19 March 2026

Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details

Featured 14 April 2026

GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 28 March 2026

CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details

Featured 29 April 2026

Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details

Featured 13 April 2026

GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 28 March 2026

Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details