GST Setup

The fourth step is to enter the GST Details of the organization. You can enter/edit these details anytime by using Setting -> GST Setup option available on the left side menu.

Type 1 – If you are registered under GST (Regular Scheme)

  1. Are you registered in GST? -> Select Yes
  2. Are you registered in Composition Scheme? ->  Select No
  3. Registered in State/Union Territory* -> Select the State/Union Territory for which you are registered in GST.
  4. Effective date of registration in GST* -> Select the date of registration under GST. You can find this on your GST Registration Certificate as Date of Liability.
    Note
    : – You are able to use GST tax rates and other reports only on or after the date of registration in GST.
  5. GSTIN Number* -> Enter GSTIN Number of the business. You can find this on your GST Registration Certificate as Registration Number.

Type 2 – If you are registered under GST (Composition Scheme)

  1. Are you registered in GST? -> Select Yes
  2. Are you registered in Composition Scheme? ->  Select Yes
  3. Registered in State/Union Territory* -> Select the State/Union Territory for which you are registered in GST.
  4. Effective date of registration in GST* -> Select the date of registration under GST. You can find this on your GST Registration Certificate as Date of Liability.
    Note
    : – You are able to use GST tax rates and other reports only on or after the date of registration in GST.
  5. GSTIN Number* -> Enter GSTIN Number of the business. You can find this on your GST Registration Certificate as Registration Number.

Type 3 – If you are not registered under GST, you are required to Select No.

Next – Default Setup