Overview of Rate Wise GST On HSN/SAC Bases

Enable Rate wise GST On HSN/SAC Bases in Marg Software

Process to apply Rate wise GST On HSN/SAC Bases In Marg Software

OVERVIEW OF RATE WISE GST ON HSN/SAC BASES

• In Marg Software if the user needs to apply Rate wise GST on the HSN/SAC Bases, then it can be set easily. For example if any of our products is sold below or equals to Rs. 499 then the GST Tax% that will be charged will be different for that product. If the same or any other product is sold for Rs. 1000 or above then the GST Tax% that will be charged on it will be different.

• This law is applied for different types of products of different categories of trades i.e. shoes, footwear, garments, etc.  So, in order to maintain Rate Wise GST on HSN/SAC Bases automatically, Marg Software has a provision for it.

ENABLE RATE WISE GST ON HSN/SAC BASES IN MARG SOFTWARE

Note: Rate wise GST feature not available in Basic Version.

• Go to Masters > Marg Setups > Control Room.

• A 'Control Room' window will appear.

• The user will select ‘Search in all’.

• A 'Controls' window will appear in which the user will Search 'Rate Wise GST'.

• Now click on ‘Accept’

• A 'Rate wise GST' window will appear.

• In 'Rate wise GST 1-No 2-All 3-Item 4-Company 5-Salt 6-Category 7-Commodity', the user will select '7'.

• In 'Calculate on 1-Rate 2-Taxable Value 3-MRP 4-Rate-Disc%', the user will select the option as per the requirement.

• Suppose selects '2' for taxable value.

• The user will now press 'ESC' key twice.

• Now click on ‘Yes’ to save changes.

PROCESS TO APPLY RATE WISE GST ON HSN/SAC BASES IN MARG SOFTWARE

• Go to Masters > Rate & Discount Master > Company Special > Rate wise HSN/SAC wise GST.

• A ‘Rate Wise HSN/SAC Wise Gst As On’ window will appear.

• Suppose the user needs to set if Item having 18% GST and if Rate of item in bill is equals to or above Rs. 499, then GST should be charged (6+6+12%).

• The user will press ‘Enter’ key.

• A 'Select HSN/SAC' window will appear.

• The user will select the HSN/SAC on which Rate Wise GST needs to be set. And press ‘Enter’ key.

• Suppose select ‘12345436’ (9+9+18)’.

• In 'On GST %', the user will mention the GST% of the selected HSN/SAC.

• In ‘Rate>=’ option, the user will mention the rate of the item, equals to or above to which the user needs to Charge different % of GST.

• Suppose mention ‘499’.

• In 'SGST/CGST/IGST' option, the user will mention the GST% which needs to be charged if Item’s Rate is equal to or above 499.

• Suppose mention ‘6+6+12’.

• Now, the user will press 'ESC' key.

• Click on 'Yes'.

• Now, the user will create a Sale Bill.

• Press 'Enter' key to open the Item List.

• An 'Item List' window will appear.

• The user will now select the Item whose HSN/SAC is '12345436' and GST% is '18'. And Press 'Enter' key.

• Suppose select 'Acnederm Lot'.

• Now, in this Bill the rate of Item is Rs.400 (Which is less than the Rs.499).

• Therefore, the software will auto charge GST '9+9+18'.

• If the user mention the Rate Greater than Rs. 499 the Gst will auto apply by '6+6+12%'.

• Suppose mention rate 'Rs. 500'.