Category: Advanced

TallyPrime allows businesses to validate GSTIN/UIN and HSN/SAC details online, ensuring accuracy and compliance with GST regulations. This feature helps in reducing errors related to incorrect GST numbers and invalid HSN/SAC codes while filing GST returns. 1. Why Validate GSTIN/UIN and HSN/SAC Online in TallyPrime? 1. Benefits of GSTIN/UIN Validation: 2. Benefits of HSN/SAC Validation:…

1. What is the GST Return Effective Date for GSTR-1 and GSTR-3B? In TallyPrime, businesses can set different GST Return Effective Dates for GSTR-1 (Outward Supplies) and GSTR-3B (Summary Return). This feature is useful for cases like: 2. Importance of Setting Different GST Return Effective Dates in TallyPrime 3. How to Set Different GST Return…

1. What is the GST Return Effective Date for Vouchers in TallyPrime? The GST Return Effective Date for Vouchers in TallyPrime allows businesses to set a specific date from which GST should be applicable to transactions. This ensures that vouchers created before the effective date do not impact GST returns (GSTR-1, GSTR-3B, and Annual Returns).…

If you are unable to log in to the GST portal through TallyPrime due to issues like forgotten credentials, expired sessions, or incorrect configurations, you may need to reset your GST login. Resetting GST login in TallyPrime ensures that you can continue filing GST returns and syncing data with the GST portal without any interruptions.…

Enabling API access for Connected GST in TallyPrime streamlines your GST compliance by allowing direct interactions with the GSTN portal. This integration facilitates seamless uploading and downloading of returns, enhancing efficiency and accuracy in your GST processes. Here’s a detailed guide to setting up API access: Step 1: Enable API Access on the GST Portal…

When an SEZ unit purchases services from a Regular–SEZ dealer, GST treatment depends on the mode of taxation—either with payment of IGST or under an LUT/Bond without payment of tax. Here’s a detailed breakdown: 1. Nature of Transactions for Purchase of Service from a Regular – SEZ Dealer as a SEZ unit in TallyPrime 2.…

When a Special Economic Zone (SEZ) unit purchases services from a Regular dealer, these transactions are treated under specific GST provisions. The treatment depends on whether the supply of services is made under payment of IGST or LUT/Bond (without payment of tax). Here’s a detailed explanation: 1. Nature of Transactions for Purchase of Services from…

Nature of Transactions and Reporting Sections for Purchase of Goods from a Regular – SEZ Dealer as an SEZ Unit in TallyPrime When an SEZ unit purchases goods from a Regular or another SEZ dealer, the transaction falls under the category of zero-rated supply under GST. Below is a detailed explanation of how such transactions…

Here’s an explanation of the natures of transactions and relevant sections in GSTR-1, GSTR-3B, and GST Annual Computation (GSTR-9) for the purchase of goods from a Regular Dealer as an SEZ unit: 1. Nature of Transactions for Purchase of Goods from a Regular Dealer as an SEZ Unit in TallyPrime 2. Reporting in GSTR-1 (By…

Here’s a detailed explanation of the natures of transactions and their corresponding sections in GSTR-1, GSTR-3B, and GST Annual Computation (GSTR-9) for sales of services to a Regular-SEZ dealer by an SEZ unit: 1. Nature of Transactions for Sales of Service to SEZ dealer as SEZ unit in TallyPrime 2. Reporting in GSTR-1 for Sales…