Sales of Goods to SEZ Dealer as SEZ Unit in TallyPrime: Section in GST Returns

Here’s an explanation of the Natures of Transactions and the respective sections where these sales are reported in GSTR-1, GSTR-3B, and GST Annual Return (GSTR-9) for sales of goods to a Regular – SEZ dealer as a SEZ unit:

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1. Nature of Transactions in TallyPrime

• Supply Type: Inter-State supply to SEZ.
• Tax Implications: Zero-rated supply under GST (with or without payment of tax depending on whether LUT/Bond is used).
• GST Rates: Applied as per the product’s HSN.

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2. Reporting in GSTR-1 in TallyPrime

Purpose: Captures outward supplies for filing monthly or quarterly GST returns.

1. Section 6A: Exports

• 6A(i): Supplies to SEZ units with payment of tax:
  • For sales where IGST is charged.
  6A(ii): Supplies to SEZ units without payment of tax:
  • For sales under LUT/Bond (zero-rated supply).

Example:

• Taxable Value: ₹1,00,000
• IGST (18%): ₹18,000 (if applicable)
• Total: ₹1,18,000 (if IGST charged).

2. Table 12: HSN-Wise Summary

Details like HSN code, taxable value, and tax rate are reported here.

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3. Reporting in GSTR-3B in TallyPrime

Purpose: Monthly summary of liabilities and ITC.

1. Table 3.1(a): Outward taxable supplies (IGST)
   • For supplies with tax.
2. Table 3.1(b): Outward taxable supplies (zero-rated)
   • For zero-rated supplies under LUT/Bond.

Example:

• If IGST is charged:
  • Taxable Supplies (3.1(a)): ₹1,00,000
  • IGST: ₹18,000.
• If under LUT:
  • Zero-rated Supplies (3.1(b)): ₹1,00,000.

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4. Reporting in GSTR-9 (Annual Return) in TallyPrime

Purpose: Reconciles the annual data with GSTR-1 and GSTR-3B.

1. Table 4C: Supplies to SEZ with payment of tax:
   • For IGST charged on supplies.
2. Table 5C: Supplies to SEZ without payment of tax:
   • For zero-rated supplies under LUT/Bond.
3. Table 17: HSN-Wise Summary:
   • Captures the HSN details, taxable value, and tax amounts.

Example:

• Supplies under IGST:
  • Taxable Value: ₹1,00,000
  • IGST: ₹18,000
• Supplies under LUT:
  • Taxable Value: ₹1,00,000
  • Tax: ₹0 (LUT applied).

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5. Steps in TallyPrime to Ensure Proper Reporting in TallyPrime

1. Enable GST:

Activate GST with SEZ-specific configurations under Gateway of Tally → Features → Statutory & Taxation.

Select Nature of Supply:

While recording the invoice, choose SEZ Sale with Tax or SEZ Sale without Tax based on your transaction type.

2. Verify Reports:

Ensure the data flows into Display More Reports → GST Reports → GSTR-1/GSTR-3B and matches.

3. Annual Summary:

Cross-check data in GSTR-9 under GST Reports → GSTR-9 in TallyPrime.

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6. Benefits of Proper Classification in TallyPrime

1. Accurate Tax Filing: Reduces risks of notices and penalties.
2. ITC Pass-Through: Enables seamless input tax credit for buyers.
3. Compliance: Ensures compliance with GST regulations.

By categorizing transactions correctly in GSTR-1, GSTR-3B, and GSTR-9 using TallyPrime, businesses achieve better accuracy and stay audit-ready.