TO CREATE A SALES TAX REPORT WITH GST(OLD)
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TO CREATE A SALES TAX REPORT WITH GST(OLD)

Sales Tax Report with GST refers to a financial document that outlines the sales tax obligations of a business in relation to the Goods and Services Tax (GST) system.

User Access

Who Can Access

  • Pothys admin
  • Back Office
  • Purchase Manager
  • Manager

What User Can Do

  • View Reports
  • Sales tax report with GST(old)

Pre-Requisite Activities

  • Date Range

Business Rules

  • Identification of GST Rates- Sales should be classified into different tax categories.
  • CGST (Central GST)-Collected by the central government for intra-state sales.
  • SGST (State GST): Collected by the state government for intra-state sales.
  • IGST (Integrated GST): Collected for inter-state sales (transactions between different states).
  • GST rates may vary depending on the product or service, and it’s important to categorize each sale correctly.
  • Taxable and Non-Taxable Sales – Taxable Sales: Sales of goods or services subject to GST, based on the applicable GST rate.
  • Zero-rated Sales-Exports or certain items that have a 0% GST rate, though they still require reporting.
  • Calculation of GST – Output GST– GST collected on sales should be calculated based on the sale price and the applicable GST rate.

User Interface

STEP 1: To select a Sales tax report with GST(old).

STEP 2: To enter a date invoiced in this field is mandatory.Then to click the start check box to run the process.

STEP 3: Once to complete the process to show the report based on the given data.

STEP 4: Date invoiced -refers to the specific date on which an invoice is issued to a customer or client. This is the date the seller formally bills the buyer for goods or services provided.

Taxable amount 0,5,12,18,28– generally refers to the portion of income, sales, or other transactions that is subject to tax.

Tax 0,5,12,18,28– is a compulsory financial charge or levy imposed by a government on individuals, businesses, or other entities to fund public services, infrastructure, and government operations.

CGST 0,2.5,6,9,14– stands for Central Goods and Services Tax. It is one of the two components of the Goods and Services Tax (GST) system in India.

SGST 0,2.5,6,9,14-stands for State Goods and Services Tax. It is one of the three types of GST (Goods and Services Tax) levied in India.

IGST 0,5,12,18,28 -stands for Integrated Goods and Services Tax. It is one of the taxes introduced under the Goods and Services Tax (GST) regime in India.

Cess total– could refer to the total amount of cess levied or collected under a specific tax system. In general, cess refers to a tax or levy that is imposed in addition to the existing tax structure, often for a specific purpose like funding a particular project or program.

Total amount received– typically refers to the total value of sales or supplies made by a business and the corresponding GST that needs to be reported and paid to the government.

Roundoff-refers to the process of adjusting a number to a nearby value that is simpler or easier to work with, typically to a specific number of decimal places, significant figures, or a specified unit of measurement.

Total sales– refers to the overall revenue generated from selling goods or services during a specific period, before any deductions like returns, discounts, or allowances. It is essentially the sum of all sales transactions made by a business.

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