How to Define GST Rates and HSN/SAC Codes in Tally.ERP 9

With the introduction of the GST Act, if your business needs HSN/SAC codes and tax rates, you can set these details easily using our GST-r...

With the introduction of the GST Act, if your business needs HSN/SAC codes and tax rates, you can set these details easily using our GST-ready software, Tally.ERP 9 Release 6. With this, you have the flexibility to configure GST rates and HSN/SAC codes at any level based on your business and reporting needs.
As per the GST Act, based on your yearly turnover and type of business, you need to print HSN/SAC code on invoices and reporting as per the table below:
Business TypeNo. of Digits of HSN Codes
Less Than 1.5 Cr (yearly)Not Required
Between 1.5 Cr to 5 Cr (yearly)First 2 digits
Above 5 Cr (yearly)First 4 digits
For Import-Export8 digits
For Services5 digits
Let us understand how you can configure them in Tally.ERP 9 Release 6.
  1. If you have the same HSN or SAC and tax rate for all the goods and services, then all you need to do is simply set these values at the Company level once and it is done.
  2. If a specific group of items attract a rate different from the one specified at company level then you can also configure the HSN/SAC at the Stock Group level. The rate specified at the group level is applicable to all the items in that group.
  3. If just a few items in a stock group attract a different rate, then set up rates and HSN/SAC at the stock item level for those stock items. This will override the rates specified at the stock group level.
  4. If you would like to apply the same HSN/SAC and tax rate for different type of transactions, you can specify HSN/SAC and rate at ledger group level for Sales, Purchase, Expense and Income groups.
  5. For specific scenarios like transfer of exempt goods to branches within the state, you may want to change the tax applicability in a transaction to exempt type. Then you can configure these details at ledger level. Or when you want to segregate sales or purchase of items or services for types of transactions. Using the same set of items and ledgers, you can modify the Nature of Transaction at the transaction level.
We recommend that both HSN/SAC and tax rate details be specified at the same level.
Sometimes, you may want to override the settings specified in the masters. With Tally.ERP 9 Release 6.0.2 GST Software, you can do this conveniently.
Watch the video below or visit this help topic to understand this powerful flexibility and use it for your unique business needs.

Your feedback is always welcome, kindly share your thoughts.



0101,1,0102,1,0103,1,0104,1,0105,1,0106,1,0201,1,0202,1,0203,1,0204,1,0205,1,0206,1,0207,1,0208,1,0209,1,0210,1,0301,1,0302,1,0303,1,0304,1,0305,1,0306,1,0307,1,0308,1,0401,1,0402,1,0403,1,0404,1,0405,1,0406,1,0407,1,0408,1,0409,1,0410,1,Android Apk,1,ANIMAL PRODUCTS,34,Anti Gst,1,Car Mobile Charger,1,CGST Rules 2017,1,CHAPTER 01,6,CHAPTER 01 - LIVE ANIMALS,14,CHAPTER 02,10,CHAPTER 03,8,CHAPTER 04,10,Chest Expander,1,CMA Bhogavalli Mallikarjuna Gupta,1,commissioner,1,DAIRY PRODUCE; EDIBLE PRODUCTS OF ANIMAL ORIGIN,10,dispose of the goods,1,documents,1,Employees News,1,encash,1,Extension of Due date for filing of Returns,1,extension of due date for GST return filing,1,FAQs On GST,3,fine,1,FISH AND CRUSTACEANS,8,FORM GST INS-05,1,Goods,2,GST,9,GST Callan,1,GST Due Date,2,GST Law CHAPTER I,1,GST Law CHAPTER II,1,GST Law CHAPTER III,1,GST Law CHAPTER IV,1,GST Law CHAPTER V,1,GST Law CHAPTER VI,1,GST Law CHAPTER VII,1,GST Law CHAPTER VIIII,1,GST Law CHAPTER-IX,1,GST Law CHAPTER-IXA,1,GST Law CHAPTER-X,1,GST News,11,GST Payment,1,GST Q&A,4,GST Return,1,GST Returns,1,GST Returns for Aug 2017,1,GST Returns for July 2017,1,GSTR - 3,2,GSTR - 3B,1,GSTR-1,3,GSTR-2,2,GSTR-2Leave a comment,1,hazardous,1,HSN Code,23,HSN Code for Mobile Holders,1,Info,8,Interest,3,inventory of such goods,1,Live animals,6,Lok Sabha Q&A,1,make,1,market value,1,MEAT AND EDIBLE MEAT OFFAL,10,MODEL GST LAW,11,MOLLUSCS AND OTHER AQUATIC INVERTEBRATES,8,NOT ELSEWHERE SPECIFIED OR INCLUDED,10,notification,1,officer,1,payable,1,Payment,1,Penalty,2,perishable,1,PRELIMINARY,1,Product Updates,9,proof of payment,1,Quantity,1,Rule 139,1,Rule 140,1,Rule 141,1,S-Shape Push-up Bar,1,Section 141,1,SECTION I,34,Seized,1,seized goods,2,seizing,1,SnapDeal,5,Social Media,2,Swimming Goggles,1,system based reconciliationLeave a comment,1,tax payable,1,TaxesLeave a comment,1,TaxLeave a comment,1,TaxpayerLeave a comment Post navigation,1,Tubeless Tyre Puncture Repair Kit,1,unitLeave a comment,1,
GST India Gst.Gov.in: How to Define GST Rates and HSN/SAC Codes in Tally.ERP 9
How to Define GST Rates and HSN/SAC Codes in Tally.ERP 9
GST India Gst.Gov.in
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy