Workshop cum Hands on Training - Tally ERP 9.

0 with GST
Working Problem – I: Receipt, Payment and Contra Voucher
Journalize the following transaction on 1st April 2019 and display of day book entry in the books of
Modern Enterprises a manufacturer of Edible oil, in Salem.
Business started with cash Rs. 1,00,000 , Stock worth of Rs. 20,000.
Furniture Purchased ... Rs. 12,000
Goods Purchased from Ashish Enterprises … Rs. 50,000
Goods sold to Balu Traders (50% Cash received) … Rs. 20,000
Rent Paid … Rs. 5,000
Interest Received from Bank … Rs. 1,000
Withdrew for Personal use … Rs. 15,000
Balu Traders returned the goods worth … Rs. 2,000
Bought Furniture from Krishna Electronics … Rs. 15,000
Solution
S. Ledger to be Voucher Journal Entry
Under
No created Type Debit Credit
1. Capital A/c Capital A/c F6: receipt Cash A/c Capital A/c
2. Stock A/c
3. Furniture A/c
Ashish Enterprises
4.
A/c
5. Purchase A/c
6. Balu Traders A/c
7. Saels A/c
8. Rent A/c
9. Interest A/c
10. Bank A/c
11. Drawings A/c
12. Sales Return A/c
Krishna Electronics
13.
A/c

Working Problem – 2: Inter State Purchase Invoice.

Books of M/s Mavera Electronics of Salem, Tamil Nadu, Bought goods from M/s. Sanjay
Electronics of Ambala, Hariyana (Invoice No. 1011).
10 Washing Machines @ Rs. 8000 each.
5 LED Television @ Rs. 24000 each
Trade discount @ 5%
Applicable GST Rate @ 18%.
1
 S. Ledger to be Voucher Journal Entry
Under
No created Type Debit Credit
1.
2.
3.
4.
5.
6.
7. Discount A/C Indirect Expense F8/F9 - -
Stock Item / Set / Alter
Under HSN Tax Rate
Inventory Creations GST details
Primary /
1. Washing Machine Yes Yes 18%
Electronics
2. LED Television
3.
PURCHASE VOUCHER

S. Invoice Trade Tax Total

Items Qty Rate
No Value Discount (18%) Value
Washing
1 10 8000 80000 4000 13680 89680
Machine
LED
2 5 24000 120000 6000 20520 134520
Television
Total 200000 10000 34200 224200

Working Problem – 3: Intra-State Sales Invoice (Tax Invoice)

Books of M/s Mavera Electronics of Salem, Tamil Nadu, Goods sold to M/s. Meenakshi Electronics
of Madurai, Tanmil Nadu (Invoice No. T1/19-20/763).
3 Washing Machines @ Rs. 9300 each.
2 LED Television @ Rs. 25500 each
Trade discount @ 10%
Applicable GST Rate @ 18%.
SALES INVOICE
S. Invoice Trade CGST SGST Total
Items Qty Rate
No Value Discount (9%) (9%) Value
Washing
1 3 9300 27900 2790 2259.9 2259.9 29629.8
Machine
LED
2 2 25500 51000 5100 4131 4131 54162
Television
Total 78900 5340 6390.9 6390.9 83791.8
Net Effect of GST on Problem [2] & [3]
GST = Eligible Input Tax Credit Rs. 34200 & Liable to Reverse Charge Rs. 12781.50

2
 Activity 1 : Tick () the appropriate one Activity 2 : Tick () the appropriate one

Non-Current Liabilities
Non-Current Assets

Current Liabilities

Indirect Expense
Direct Expenses

Indirect Income
Current Assets

Direct Income
Sl. Sl. Trading & Profit Loss A/c
Balance Sheet Items
No No Items

1 Machinery 1 Coal, Fuel & Water

2 Sundry Creditors 2 Rent
3 Cash at Bank 3 Salaries
4 Goodwill 4 Dividend
Salesman
5 Bills Payable 5
Commission
6 Land & Building 6 Office Expenses
7 Furniture 7 Wages
8 Computer Software 8 Travelling Expense
9 Motor Vehicles 9 Printing Charges
10 Inventory 10 Interest (Cr)
11 Investments 11 Postage
12 Loan from Bank 12 Telephone Charges
13 Sundry Debtors 13 Carriage inwards
14 Patents 14 Oil & Gas
15 Air-Conditioners 15 Electricity
16 Loose tools 16 Stationery
17 Bank Loan 17 Carriage outwards
18 Bank OD 18 Manufacturing Exp.
Profit on sale of old
19 Loose Tools 19
books
20 Premises 20 Package Charges
Activity - 3

State the title of the accounts affected, type of account and the account to be debited and account to be credited :

Trans.
Transactions Amount (Rs.)
No
1 Bhanu commenced business with cash 10,000
2 Purchased goods on credit from Ramesh 40,000
3 Sold goods for cash 30,000
4 Paid salaries 3,000
5 Furniture Purchased for Cash 10,000
6 Borrowed from bank 50,000
7 Sold goods to Sarita 10,000
8 Cash paid to Ramesh on account 20,000
9 Rent Paid 1,500
10 Cash withdrawal from bank for own use 5,000

3
 Type of Accounts
Name of Accounts Affected Accounts
Trans (Assets, Liabilities, Capital,
Affected Increase / Decrease
No Revenue and Expenses)
1 2 1 2 1 2
Bhanu’s
1 Cash Assets Capital / Liabil. + (Dr) - (Cr)
Capital
2 Purchase Ramesh
3
4
5
6
7
8
9
10

Activity – 4

State how the GST rates will be applicable if CGST is 9%, SGST is 9% and IGST 18% in each of the following
situations: (Please Tick appropriate boxes)

Sl. CGST SGST IGST

Statement
No 9% 9% 18%
Goods worth Rs. 10,000 is sold by a manufacturer 1 in
1
Maharashtra to a Dealer A in Maharastra.
2 Dealer A sell goods worth Rs. 25,000 to Dealer B in Gujarat.
3 Dealer B sell goods to Sunita in Gujarat worth Rs. 30,000.
Sunita sell goods to Ravindra in Rajasthan worth Rs.
4
65,000.
Activity 5: Write your views about the concepts

Sl.
Questions Answer
NO
Mr. X sold laptop worth Rs. 1,00,000 and issued invoice in favour of Mr.
1 Y. Now ownership in laptop transferred to Mr. Y. Is this considered to
sale? Leviable GST?
Mr. T, a thief has stolen motorbike and sells the motorbike to Mr. Q. Is
2
this considered as supply of goods?
Mr. T sold Narcotic drugs and psychotropic substances, to Mr. Q for Rs. 3
3.
Lakhs .
Mr. A is the owner of Xerox machine. He transferred the right to operate
4. the Xerox machine to Mr. B for a consideration of Rs. 10,000 per month
for four months
Mr. A owns a residential building in a prime commercial locality. Large
vacant land in the backyard is given on rent of Rs. 1,80,000 per month to
5.
a parking contractor, Mr. B who has set up a parking facility on the said
land.
Micro Apparels in Chennai, Tamil Nadu, avails fashion designing services
6 of Rs. 50,00,000 from Prabhu Designs in Singapore. Is it supply. If so who
is liable to pay GST.

4
 Mr. Das purchased a car for personal use and after a year sold it to a car
7
dealer for Rs. 2 lac. Will the transaction be a supply in terms of GST Act?
M/s T Ltd., is in the business of Hotel. He purchase AC for business
8 purpose and after 2 years, he transfer the AC to director without
consideration. Will the transaction be a supply in terms of GST ACT?
Import (Downloading) of a song for consideration for personal use by Mr.
9
Sen. Is it supply of service?
Mr. M.S. Dhoni provided services to Chennai Super Kings (a franchisee)
10
in a premier league. Is it taxable service?
Mr. D of Delhi being an event organizer hosted an exhibition at Mumbai to
11 exhibit the products of exhibitor namely, Chennai Silks, Chennai, a
registered person.
Mr. C of Chennai being an event organizer hosted an exhibition at Dhaka
12 to exhibit the products of exhibitor (namely Chennai Silks) located
Chennai.
Mr. Roy a Jalandhar based comedian hosted a comedy show at
13
Singapore with help of event organizer located in Dubai.
Mr. D of Delhi being an event organizer hosted an exhibition at Mumbai to
14
exhibit the products of exhibitor (namely M/s S Silks Ltd. of Singapore).
Campus Interviews conducted by the Institute of Cost Accountants of
15 India, by collecting entry fee from the corporate houses. Is it taxable
supply of service under GST?

Additional Problemss - : PREPARATION OF TAX INVOICE

• The Mac Tech, Bangalore received an order from Krishna Computers, Salem. The description of supply of
goods as follows.

• 15 number of Dell Advanced 17” Laptop worth at Rs. 27,500 and allowed discount of 10%.

• 10 - HP Compact Pavilian Desktop at Rs. 34,000 each and allowed 10% discount.

• 7 CRT HD Display Monitor at Rs. 7,500 each and 7% discount rate.

• 5 HP Deskjet Laser Printer Rs, 14,400 each.

• The applicable GST rate as follows

Item Rate (%)

Laptop, Desktop Computer 18%
Printer, HD Monitor 28%

Example 2 : POS Sales Printed Bills

Consider M/s. City Super Market, a leading retail chain, which deals in grocery products. The customer has
purchased the following item in a fine day.

Name of Item Quantity Rate (Rs.) Tax Rate (%)

Dhall – Roasted 5 Kgs 70 0
Zee Scent Spray 02 145 18
Hair Dryer 02 200 18
Handmade Carpet 04 45 5
Hair Clippers 20 20 18
Rice 25 Kgs 60 0
Sanitary Napkins 02 30 0

5
 GSTR Report – FORM 3B

GSTR – FORM 2

6
 FORMGSTR-3B

[See rule 61(5)]

Year 2019
Month April

1. GSTIN
2. Legal name of the M/s Mavera Electronics
registered person

3.1 Details of Outward Supplies and inward supplies liable to reverse charge
Nature of Supplies Total Taxable Integrated Central Tax State/UT Tax Cess
Value Tax
1 2 3 4 5 6
(a) Outward taxable 71,010.00 6,390.90 6,390.90
supplies (other than zero
rated, nil rated and
exempted)
(b) Outward taxable
supplies (zero rated)
(c) Other Outward
supplies (Nil rated,
exempted)
(d) Inward supplies (liable
to reverse charge)
(e) Non-GST outward
supplies

3.2 Of the supplies shown in 3.1 (a) above, details of inter-State supplies made to unregistered persons,
composition taxable persons and UIN holders
Place of Supply Total Taxable Value Amount of Integrated Tax
(State/UT)
1 2 3 4

4. Eligible ITC
Details Integrated Tax Central Tax State/UT Tax Cess
1 2 3 4 5
(A)ITC Available (whether in full
or part)
(1) Import of goods
(2) Import of services
(3) Inward supplies liable
to reverse charge
(other than 1 & 2
above)
(4) Inward supplies from
ISD
(5) All other ITC 34,200.00
(B) ITC Reversed
(1) As per rules 42 & 43 of
CGST Rules
(2) Others
(C ) Net ITC Available (A) – (B) 34,200.00
(D) Ineligible ITC
(1) As per section 17(5)
(2) Others

7
 5. Values of exempt, nil-rated and non-GST inward supplies
Nature of supplies Inter-State Supplies Intra-State Supplies
1 2 3
From a supplier under composition scheme, 0.00 0.00
Exempt and Nil rated supply
Non GST Supply
5.1 Payment of tax

Description Integrated Tax Central Tax State/UT Tax Cess

1 2 3 4 5
Interest
Late Fees

6. Payment of tax
Description Tax Paid through ITC Tax paid Tax/Cess Interest Late
Payable Integrated Central State/UT Cess TDS/TCS paid in Fee
Tax Tax Tax cash

1 2 3 4 5 6 7 8 9 10
Integrated
Tax
Central Tax
State/UT
Tax
Cess

7. TDS/TCS Credit

Details Integrated Tax Central Tax State/UT Tax

1 2 3 4
TDS
TCS

Verification (by Authorised signatory)

I hereby solemnly affirm and declare that the information given herein above is true and correct to the best of my
knowledge and belief and nothing has been concealed there from.

Instructions:
1) Value of Taxable Supplies = Value of invoices + value of Debit Notes – value of credit notes + value of advances
received for which invoices have not been issued in the same month – value of advances adjusted against invoices

2) Details of advances as well as adjustment of same against invoices to be adjusted and not shown separately

3) Amendment in any details to be adjusted and not shown separately.