Classifications GST

GST Classifications in TallyPrime

You can create GST Classifications in TallyPrime in order to record the tax rates and other details for categories of goods attracting different GST rates. For example, you can create GST Classifications based on HSN. When this classification is used in relevant masters and transactions, the tax details of the goods or services will be automatically captured. In case the department changes, the tax rate for any HSN in future, alter the GST Classification and assign the new rate.
You can create GST Classifications in TallyPrime for an accounts-only company as well. Depending on the grouping used for GST Classifications, you can tag those to Sales, Purchase, Services, Income and Expense ledgers.

In This Section:

  • Create a GST classification based on HSN code
  • Alter a GST classification
  • Create a GST Classification Based on SAC
  • Use a GST classification for setting GST details for a service
  • Create a GST Classification for Cess Based on Quantity or Value