If we have 2 items in the invoice:
'A' taxable @ 5% and 'B' taxable @ 18% and we offer discount to our dealers on total invoice value on not on item basis, then how can we exclude discount while calculating GST while entering the invoice in Tally ERP 9.
| Originally posted by : Vinod Babu | ||
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You can give it manually in tally. After passing the sales item qty, rateAnd after giving output Cgst and sgst, Create discount ledger and give discount amount by putting minus sign before the amount. Sir, try it out. |  |
It's to me?
But in that case, CGST and SGST will include Discount and not Exclude it. I have tried it.
| Originally posted by : RAHUL | ||
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But in that case, CGST and SGST will include Discount and not Exclude it. I have tried it. | |
Give Your details of the Invoiced figures...
Item A - Rs. 600 taxable at 5%
Item B- Rs. 400 taxable at 18%
Discount on total invoice Rs. 100 (not on individual item)
| Originally posted by : RAHUL | ||
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Item A - Rs. 600 taxable at 5% Item B- Rs. 400 taxable at 18% Discount on total invoice Rs. 100 (not on individual item) |
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Please check out the attachment
Thank you for your valuable inputs.
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