Tally for GST

How is the Value of Goods & Services Determined under GST?

The value of all the goods and services consumed in an economy is arrived at based on certain metrics. In the current tax regime in India, this value is calculated in different ways. An overview is provided in the table below: Tax Value of goods/services…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

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Demonetization and Business Accounting – How does it Tally?

On 8th Nov 2016, India’s Prime Minister announced demonetization of Rs 500 and Rs 1000 currency notes. This news came as a surprise to many of us! However, if you carefully think through the sequence of measures undertaken by the Government such as opening of bank accounts,…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

85,411 total views, 42 views today

Moving to GST: Can I Avail Input Credit on Closing Stock?

On the date of transitioning to GST, broadly there will be business who fall under any of the following categories: Businesses not liable to be registered under the current law, but are liable for registration under GST Business which are engaged in the manufacture or…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

260,372 total views, 47 views today

Moving to GST : For Registered Manufacturers

Transition provisions in GST have undergone significant changes in the Revised Draft Model GST Law published on 26th November 2016. Click here to read the revised blog post. The first and foremost task for you, as a business registered under the current law, is transiting to…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

6,493 total views, 3 views today

What are the Types of Returns Under GST?

This post has been updated on 25th October, 2016 to incorporate latest changes. Convergence is the key to GST; convergence between states and central taxes. Consider what happens today. A manufacturer who is compliant under Central Excise, Service Tax, and VAT has to file returns…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

136,384 total views, 16 views today

How to Amend, Cancel, or Revoke GST Registration

This post has been updated on 29 May 2017 to incorporate latest changes. In our previous posts, we discussed how you can transition to a GST Registered Dealer and how to apply for a new GST registration Let us now understand how to: Amend your registration details…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

88,530 total views, 16 views today

How to Apply for a New GST Registration

This post has been updated on 3 May 2017 to incorporate latest changes. In the post titled Registered Dealer? Learn How to Transition to GST,  we discussed the essentials of GST registration, and the forms needed for existing dealer registration. In this post, we will understand…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

551,171 total views, 31 views today

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