For Setting ‘Nil-Rated’, ‘Exempted’, Items & Goods.
Setting Nil-Rated & Exempted items and Goods :
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1. Open a Purchase voucher in the Item Invoice mode.
a. Press Alt+G (Go To) > Create Voucher > press F9 (Purchase).
Alternatively, Gateway of Tally > Vouchers > press F9 (Purchase).
b. Press Ctrl+H (Change Mode) and select Item Invoice.
2. Enter the Supplier Invoice No. and Date.
3. In Party A/c name, select the supplier’s ledger.
4. Select the applicable Purchase ledger.
5. Enter stock item details.
a. Name of Stock Item – Select the stock item.
b. Specify Quantity and Rate.
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6. As always, press Ctrl+A to save the Purchase voucher.
Now that you have recorded a nil rated purchase voucher, you can see the transaction in GSTR-3B under Exempt, Nil rated, and Non-GST Inward Supplies.
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[Practical Assignment]
[Purchase of ‘Nil-Rated’, ‘Exempted’, Items & Goods]
Transactions:
Dated 15/04/2024, (Bill No-SE-50) Purchase the following items from Shree Enterprises which are Nil Rated and Exempted .
| ITEMS | Qty. | Unit | Rate | Value |
| Moong Dal | 70 | Kg. | 185 | 12,950 |
| Salt | 25 | Kg. | 35 | 875 |
| Bread | 60 | Pcs. | 42 | 2,520 |
| Fruits | 20 | Kg. | 210 | 4,200 |
Purchase Invoice of above goods are given below :
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GST Details :
Press Alt + A for GST – Tax Analysis Details…you will see the GST Analysis as below by default.
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