With the introduction of GST, the goods and services have been classified into Nil Rated, Exempted, Zero Rated and Non-GST supplies. The Purchase or Sales of these goods to a local or interstate customer does not attract GST, and can be recorded using a Purchase / Sales voucher.  Let us take a look at what distinguishes each of them with some examples:

Supply GST Applicable Type of Supply Eligibility for ITC Examples
Nil Rated 0% Everyday items No Grains, Salt, Jaggery, etc.
Exempted Basic essentials No Bread, Fresh fruits, Fresh milk, Curd, etc.
Zero Rated 0% Overseas supplies, Supply to Special Economic Zones (SEZ) or SEZ Developers Yes
Non-GST Supplies for which GST is not applicable but can attract other taxes No Petrol, Alcohol, etc.

In case of above Items and Goods , the option Nil Rated / Exempt has to be selected as the Taxability in the GST Details screen of the item or  item group master.

Sale of ‘Nil-Rated’ , ‘Exempted’, Items & Goods using TallyPrime


30-04-2023          Sold the following items in Cash which are Nil Rated and Exempted


Name of items Quantity Rate Value
Moong Dal (Loose) 50 Kg. 100 100 (Nil Rated)
Salt 20 kg. 30 30 (Nil Rated)
Bread 48 Pcs. 25 25 (Exempted)
Fruits 10 Kg. 125 125 (Exempted)

Sale Invoice of above goods are given below :

[98-Practical Assignment-TallyPrime]

GST Details of the above invoice :

When you Press Alt+A or Ctrl + O (Related Reports) and select GST – Tax Analysis from Additional Details and Press Alt + F1 or ALT+F5 for Details…you will see the GST Analysis as below by default.

See also  TallyPrime Assignment-12 [ALTERING VOUCHER TYPES & VOUCHER NO.]

[99-Practical Assignment-TallyPrime]

[Practical Assignment]

Sold the following items in Cash to a Consumer which are Nil Rated and Exempted in 30th. April 2023.

Fortune Besan -500g 10 Pcs 60
Fortune Chakki Atta-10kg. 5 Pcs 375
Chana Dal -1Kg. 4 Pcs 110
Moong Dal -500g.. 10 Pcs 90
Black Chana- 1Kg. 8 Pcs 110


Shopping Cart
error: Content is protected !!
Scroll to Top