GST TAX Rates

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A manufacturing company is facing a challenge in Tally ERP software where imported vehicle items are charged at 28% GST, but the same items are sold locally at 18% GST. They need guidance on how to configure Tally to handle these different rates, as setting a ledger at 28% makes it difficult to charge 18% during sales. The discussion also touches upon whether the company is trading or manufacturing and the potential for different HSN codes being used.

Ninad

Ninad (Querist)

26 January 2020 Hello Experts,

My current company import vehicle items but the same are charged @ 28% GST however , when the same goods are sold in the local market the goods are sold @ 18% GST. How can we manage the same in Tally. Because when the ledger is created in Tally we would create the at 28% but while selling we are required to charge 18%. How can we sort the same?

Ashiwini Ballodia

Ashiwini Ballodia (Expert)

26 January 2020 Is your company is trading company or manufacturing company. If you are Trading company than as per me your company is making mistake as the are importing the product under different HSN code and selling the product under different HSN code

Ashiwini Ballodia

Ashiwini Ballodia (Expert)

26 January 2020 Correct me if I am wrong