Nature of transaction for 0 rated export services

Rate / HSN codes 227 views 4 replies

Hi ,

1) i want accounting entry for 0 rated export services in GST . with ledger in details plz help.

2) also in ledger export sale what is nature of transaction ? export Nil rated is right ?

3) After enabling GST in F11 after entering the screen full final its become YES to No that GST option How?

Please help me. 

 

Replies (4)
1)Dr party name
cr sales
cr igst (assuming u don't have lut)
2) balance 2 question are not clear pls elaborate
cannot understand your query ....

2)  At the time of Ledger creation of 'Export sales'  there come one point 'Nature of Transaction'  so For 0 Rated services can we choose "Export Nil Rated ' option?

 

3) In first step of GST in Tally we have to Enable options of GST IN F11 - F3.so there IF i choose 'Yes' option for GST then after some times it vanish and 'No" come in that option . how can i enable ?

IGST ME amount 0 hi show hogi na becouse 0 rated service hai ? to wo option gayab hi hoga. kya mai sahi hoo?


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