1. Enable GST in Tally ERP

1. Access Features:
   • Go to Gateway of Tally > F11: Features > Statutory & Taxation.
2. Enable GST:
   • Set Enable Goods and Services Tax (GST) to Yes.
   • Specify Set/alter GST details to input business-specific details.
3. Enter Company GST Details:
   • Enter the State and GST Registration Type (Regular, Composition, etc.).
   • Input the GSTIN (Goods and Services Tax Identification Number).
   • Enable Applicable from and set the date GST became applicable for your business.

2. Set Up Tax Ledgers for GST

1. Create GST Ledgers:
   • Go to Accounts Info > Ledgers > Create.
2. Define Output and Input GST Ledgers:
   • For Sales (Output GST):
     • Name: Output CGST, Output SGST, or Output IGST as required.
     • Under Duties & Taxes > GST.
     • Set Type of Duty/Tax as CGST, SGST, or IGST.
   • For Purchase (Input GST):
     • Name: Input CGST, Input SGST, or Input IGST as required.
     • Under Duties & Taxes > GST.
     • Set Type of Duty/Tax as CGST, SGST, or IGST.

3. Configure GST for Stock Items

1. Access Inventory Info:
   • Go to Inventory Info > Stock Items > Create or Alter an existing item.
2. Set GST Details:
   • Enable Set/alter GST details for the item.
   • Set Taxability as Taxable or Exempt.
   • Specify the GST Rate for the stock item (e.g., 5%, 12%, 18%).
3. Define HSN Code:
   • In HSN/SAC Details, enter the HSN Code for goods or SAC Code for services.

4. Recording GST-Compliant Sales and Purchase Entries

Sales Entries

1. Go to Accounting Vouchers > Sales.
2. Select Party Ledger (with customer’s GST details).
3. Add Stock Items with GST applied.
4. Select Output GST ledgers (CGST, SGST, IGST based on interstate or intrastate).
5. Save the entry.

Purchase Entries

1. Go to Accounting Vouchers > Purchase.
2. Select Party Ledger (supplier’s GST details).
3. Add Stock Items with GST applied.
4. Select Input GST ledgers (CGST, SGST, IGST as applicable).
5. Save the entry.

5. Generating GST Reports and Filing Returns

1. Access GST Reports:
   • Go to Display > Statutory Reports > GST Reports.
2. View GSTR-1, GSTR-3B, and GSTR-2A:
   • Tally ERP provides options for generating GSTR-1 for outward supplies, GSTR-3B for tax payment, and GSTR-2A for inward supplies matching.
3. Export Data for Filing:
   • You can export data in JSON or Excel formats for uploading to the GST portal.

This setup process enables businesses to manage GST-compliant invoices, automate tax calculations, and prepare reports for GST returns in Tally ERP, streamlining compliance for Indian businesses