Manage Tax

Tax Rate

You can manage the tax that is to be appiled to your sales or purchase under Settings>Tax Rate.
By default there will be five tax rates.
tax_list
You can use the tax rates that are in the list by default or you can add new tax rates.

How to add a new tax rate?

To add a new Tax rate,

  • Click the Add Tax Rate button at the top right corner of the Tax Rate page.
  • Provide the desired tax details.
  • Hit Save

Add_new_tax

Field Description

Fields Description
Name Provide the name of the tax. Eg:GST 18%
Intra State Tax Use this option for applying tax to the sales or purchase within the same state
Choose the different tax from the drop down.

  • CGST -Central Goods and Services Tax
  • SGST -State Goods and Services Tax
  • UTGST-Union Territory Goods and Services Tax
  • Cess -Tax on tax levied by the government for specific purpose
  • VAT -Value Added Tax which was followed in India before GST.

Screenshot43727610

Inter State Tax Use this option for applying tax to the sales or purchase outside the state
Choose the different tax from the drop down.

  • IGST -Integrated Goods and Services(one tax one nation)
  • Cess -Tax on tax levied by the government for specific purpose
  • CST -Central Sales Tax
    • Screenshot1825453023
Active Enable this option to include the tax in quote,invoice etc.
Default Enable this option to set a particular tax as default to be used in quote,invoice etc.
Actions available in Tax Rate

You can edit/delete the tax rate that is already added in the Tax Rate list.

How to edit/delete a tax rate?

    Choose the edit or delete option from the drop down associated with each tax rate.
    Then,make the necessary changes.
    Hit Save

Existing_tax