Record Nil Rated GST Purchases in TallyPrime: 5 Easy Steps

Here’s how to record nil-rated GST purchases in TallyPrime:

1. Open a Purchase Voucher:

2. Enter Basic Information:

  • Date: Enter the date of the purchase invoice.
  • Supplier Invoice No.: Provide the invoice number from your supplier.
  • Party A/c Name: Select the supplier’s ledger account.

3. Add Purchase Items:

  • Select the relevant purchase ledger accounts (e.g., Raw Materials, Goods, Expenses) under the Particulars column.
  • Enter the Quantities and Rates for each item purchased.

4. Set Tax Information:

  • When prompted for GST details, do not select any tax types (CGST, SGST/UTGST, IGST). Leave this section blank.

5. Complete the Voucher:

  • Select the appropriate Payment Ledger (e.g., Cash, Bank) if you’ve made a payment.
  • For credit purchases, choose a relevant Outstanding Liability Ledger (e.g., Creditors).
  • Press Enter to save the voucher.

Additional Notes while recording Nil Rated Purchases in TallyPrime:

  • Ensure the purchase ledger accounts you select for nil-rated items have their Taxability set to Nil Rated in the ledger master (Gateway of Tally > Create/Alter > Master > Ledgers).
  • TallyPrime will not calculate any GST amount for nil-rated purchases.
  • The voucher will reflect the purchase value without any tax added.
  • Remember to maintain proper documentation for nil-rated purchases, including purchase invoices and relevant supporting documents.

By following these steps, you can accurately record nil-rated GST purchases in TallyPrime, ensuring transparency and proper record-keeping for your business transactions.

Important Bonus Tip:

  • Utilize the Narration field in the purchase voucher to briefly mention “Nil Rated Purchase” for clarity and ease of identification.


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