Link Tax Types (Rate basis)- Purchase

 

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

 

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

 

Main Menu

 

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%.

 

 

                                            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%.

 

 

                          Fig 3. GST Purchase Footwear 5%

 

Click on the 'Save' button.

 

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