Link Tax Types (Rate basis)- Purchase

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bullet01 You can link tax type on the basis of rate during purchase through this form.

 

bullet01 This form lets you enter GST on the basis of rates of particular item.

 

Link Tax Types (Rate basis)- Purchase: Main Menu> Setup> Setup Taxes> Link Tax Types (Rate basis)- Purchase

 

Toggle Icon Minus 17Main Menu

 

link tax types(Purchase)

                                    Fig 1. Main Menu

 

 

bullet01 Link Tax Types (Rate basis)- Purchase window will appear on your screen. Choose tax type from drop down menu.

 

Apparel:

If the value of Item is below 1000, GST would be calculated as 5% and if item is worth Rs. 1000 or above, it will be calculated as 12%.

For example you select GST Purchase Apparel 5% and the value of item is 1000, then GST will be 12%.

 

  link tax types(purchase) 1.zoom60

                                            Fig 2. GST Purchase Apparel 5%

 

Footwear:

If the value of Item is or below 500 , GST would be calculated as 5% and if item is above Rs. 500, it will be calculated as 18%.

For example you select GST Purchase Footwear 5% and the value of item is 501, then GST will be 18%.

 

  link tax types(purchase) 2.zoom60

                          Fig 3. GST Purchase Footwear 5%

 

bullet01 Click on the 'Save' button.