ICA Edu Skills Pvt. Ltd.

27, N. S. Road, 4th & 5th Floor, Kolkata - 700 001

YOUR RIGHT TO A JOB

Projects on GST
 GST Project

Project Objective
After completion of this project, you will be able to:

;; Know the basic concepts of GST

;; Pass required entries of GST using Tally.ERP 9

;; Generate Return from Tally.ERP 9

;; E-file GST Returns

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 GST Project

Project Guidelines

Special Notes:
 These projects are an extended part of Tally.ERP 9 & GST;
 Need to prepare these projects in Tally.ERP9;
 Be careful regarding payment of GST;
 If you have any query regarding this project, kindly give your valuable feedback / suggestion to your
concerned Faculty.

For any clarification or any suggestion, feel free to contact the undersigned.
Regards,
Research & Development Team (R&D)
ICA – H.O. (Kolkata)
Email: - rnd@icagroup.in
Phone: - 033-40006000

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 GST Project

Project 1
Digi World
You are running a business of purchasing and selling computers & computer parts. Create a company in Tally
with the below mentioned details and pass necessary entries of the following transactions (Keep in mind the
provisions of GST, wherever applicable):
Address : Your home address
PAN : Your PAN [If you do not have any PAN, take any PAN of your choice]
GSTIN : XXPPPPP0000P1Z5 [First two digits - your state code, next ten digits - PAN]
Financial Year : 2017-18
Following is the Balance Sheet of the business:
Balance Sheet as on 30th June, 2017

Liabilities Amount (`) Assets Amount (`)

Capital 12,84,800 Furniture 21,30,000

Loan from Indian Bank 2,22,000 HDFC Bank 12,91,000

Profit & Loss 32,00,000 Cash 12,000

General Reserve 8,11,500 Stock in Hand 20,85,300

  55,18,300   55,18,300

Note: Stock details as on 30th June, 2017:

Product Name Units Qty. Rate (`) Amount

Dell Inspiron 15 Notebook Pcs 12 20,200 2,42,400

HP 15-r243TX Laptop Pcs 8 27,800 2,22,400

Apple MacBook Air Pcs 10 52,600 5,26,000

HP 240 G4 Laptop Pcs 15 22,700 3,40,500

Dell Inspiron 5548 Laptop Pcs 10 53,900 5,39,000

Lenovo G50-80 Laptop Pcs 10 21,500 2,15,000

Note: Please search HSN Code of the goods and put the same while creating items.

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1. Following goods were purchased in the month of July 2017.

Name of the Location of Place of Qty

Date Items Rate (`)
vendor supplier Supply
01/07/2017 HP World Your state Your state HP Pavilion 15 Laptop 20 36,200
Dell Vostro A860
01/07/2017 Dell India Ltd Your state Your state 30 21,100
Laptop
01/07/2017 M. P. Enterprise Nagaland Kohima Lenovo G50-80 Laptop 5 22,400
Lenovo Essential H310
02/07/2017 PC World Your state Your state 20 16,500
PC
Asus EeeBook
02/07/2017 Technocraft Your state Your state 12 14,100
Notebook
02/07/2017 Comp Solutions Your state Your state Asus Laptop 7 15,300
Samsung Galaxy S5
02/07/2017 MobiTech Manipur Imphal 10 27,000
LTE Mobile
Note:
a) All goods are subject to GST @ 18% except Samsung mobile, the GST rate on which is 12%;
b) Company paid all the dues on the 1st day of next month through Account Payee Cheque;
c) Please search HSN Code of the products and put the same while creating items.

2. Following goods were sold in the month of July’ 2017.

Name of the Location of Place of Receipt Qty

Date Items Rate `)
Customer recipient supply Mode
Calcutta Cheque
Dell Inspiron 15
01/07/2017 International Your state Your state 10 22,800
Notebook
School
Cheque
Do Your state Your state Asus Laptop 7 18,200
Gyan Traders Asus EeeBook Cheque
01/07/2017 Mizoram Saiha 10 16,200
Pvt Ltd. Notebook
Asus EeeBook Cash
01/07/2017 Deepak Dutta Your state Your state 1 16,500
Notebook
Lenovo Essential Cash
01/07/2017 Rakesh Kumar Your state Your state 1 19,200
H310 PC
Asus EeeBook Cash
01/07/2017 Sumit Agarwal Your state Your state 1 16,500
Notebook
ICA Edu Skills Cheque
02/07/2017 Your state Your state HP 240 G4 Laptop 15 25,600
Pvt Ltd
02/07/2017 Priyanka Dutta Your state Your state Apple MacBook Air Cheque 1 58,200
Indo Amines Dell Vostro A860 Cheque
02/07/2017 Goa Panaji 26 24,800
Ltd Laptop

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 GST Project

02/07/2017 Priya Dey Your state Your state Apple MacBook Air Cheque 1 58,200

02/07/2017 Sweta Paul Your state Your state Apple MacBook Air Cheque 1 58,200
AGS Infotech Dell Inspiron 5548
02/07/2017 J&K Jammu Cheque 10 57,600
Ltd. Laptop
02/07/2017 Do J&K Srinagar HP 15-r243TX Laptop Cheque 6 31,700
Lenovo G50-80 Cheque
02/07/2017 Do J&K Pahalgam 1 24,300
Laptop
Note:
a. In case of cheque payment, amounts were realized on the 1st day of next month;
b. On 02.08.2017, Company paid GST liability to the Government after adjusting Input Tax Credit with
Output Tax.

3. Following goods were purchased in the month of August 2017:

Date Name of the Location of Place of Items Qty Rate (`)

vendor supplier supply
01/08/2017 Global Tech Your state Your state Lenovo G50-80 Laptop 18 22,800

Lenovo Ideapad Laptop 12 16,600

Lenovo G50-70 Laptop 12 34,900

M. P. Your state Your state
01/08/2017 Asus Laptop 10 15,200
Enterprise
02/08/2017 HP World Your state Your state HP 15-AC125TU Laptop 12 23,700

HP 15-ab029TX Laptop 8 39,600

HP 15-AC119TU Laptop 5 27,100
02/08/2017 Sony India Ltd Your state Your state Sony VAIO Laptop 13 54,800

31/08/2017 Dell India Ltd Your state Your state Dell 3000 Laptop 8 19,200
Dell Inspiron 5558
12 27,000
Laptop
Dell Inspiron 15
10 16,200
Notebook
Comp Your state Your state
31/08/2017 Acer S1001 Laptop 7 26,300
Solutions
Note:
a) All goods are subject to GST @ 18%;
b) Company paid all the dues on the 1st day of next month through Account Payee Cheque.

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4. Following goods were sold in the month of August’ 2017.

Name of the Location of Place of Receipt

Date recipient supply Items Qty Rate (`)
Customer Mode
Nidhi
01/08/2017 Your state Your state Asus Laptop Cash 1 21,500
Agrawal
Prakash
01/08/2017 Your state Your state Acer S1001 Laptop Cheque 1 32,100
Kumar

01/08/2017 Teez Infotech Sikkim Ravangla Sony VAIO Laptop Cheque 10 59,800

HP 15-AC125TU
01/08/2017 Priya Dey Your state Your state Cheque 1 29,300
Laptop
Ramesh Lenovo G50-80
01/08/2017 Your state Your state Cheque 1 27,500
Chandra Laptop
Lenovo Ideapad
01/08/2017 Vodafone Your state Your state Cheque 10 21,400
Laptop
Arunachal
01/08/2017 Takam Tuki Tawang Asus Laptop Cash 1 21,500
Pradesh
Ruchi
02/08/2017 Your state Your state Acer S1001 Laptop Cheque 1 32,100
Sharma
Lenovo G50-80
02/08/2017 Ankit Mishra J&K Pahelgaon Cheque 1 27,500
Laptop

02/08/2017 J P Lyndoh Meghalaya Shillong HP 15 Laptop Cheque 1 29,300

Reliance Dell Inspiron 5558

02/08/2017 Your state Your state Cheque 12 33,800
World Laptop

Apple MacBook Air 5 58,200

02/08/2017 Peea Abung Nagaland Naga Bazar Acer S1001 Laptop Cheque 1 32,100

02/08/2017 Mimi Ailet Mizoram Aizawl Acer S1001 Laptop Cheque 1 32,100

02/08/2017 Ravi Kumar Your state Your state Asus Laptop Cash 1 21,500

Pinkey Lenovo G50-80
31/08/2017 Your state Your state Cheque 1 27,500
Goswami Laptop
DTDC HP 15-ab029TX
31/08/2017 Your state Your state Cheque 8 45,200
Courier Laptop
Dell Inspiron 15
Cheque 10 22,400
Notebook
ICA Edu Lenovo G50-70
31/08/2017 Your state Your state Cheque 12 40,300
Skills Pvt Ltd Laptop
Rajani Arunachal Lenovo G50-80
31/08/2017 Bomdila Cheque 1 27,500
Tayeng Pradesh Laptop

31/08/2017 Kuldip Singh Your state Your state Asus Laptop Cash 1 21,500

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 GST Project

Rajnath HP 15-AC125TU
31/08/2017 Your state Your state Cheque 5 29,300
Singh Laptop
Chandra Lenovo G50-80
31/08/2017 Your state Your state Cheque 14 27,200
Traders Laptop

Dell 3000 Laptop 8 26,100

31/08/2017 Riya Kumar Your state Your state Acer S1001 Laptop Cheque 1 32,100

Samsung Galaxy S5
Cash 2 28,699
LTE Mobile
Note:
a) In case of Cheque payment, amounts were realized on the 1st day of next month.
b) On 01.09.2017, Company paid GST to the Government after adjusting Input Tax Credit with Output
Tax.
5. Generate GST return for the relevant periods.
6. Go to the website student.icajobguarantee.com and file GST Return for the relevant period.

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 GST Project

Project 2
Computer World Pvt. Ltd.
Your company is running a business of providing maintenance services of computers. Create a company
in Tally with the below mentioned details and pass necessary entries of the following transactions (Make
necessary assumptions wherever required):
Address : Your home address
PAN : Your PAN [If you do not have any PAN, take any PAN of your choice]
GSTIN : XXPPPPP0000P1Z5 [First two digits - your state code, next ten digits - PAN]
Financial Year : 2017-18
Following is the Balance Sheet of the business:
BALANCE SHEET AS AT JUNE 30, 2017

Particulars As at June 30, 2017 As at June 30, 2017

I. EQUITY AND LIABILITIES
1. Shareholder’s Funds
a) Share Capital 4,52,471.00
b) General Reserve 3,21,230.00
c) Profit & Loss Account 3,15,981.00 10,89,682.00
2. Non-Current Liabilities
a) Loan From HDFC 3,59,050.00
b) Loan From Das Brothers 39,890.00 3,98,940.00
3. Current Liabilities
a) Provisions for Depreciation 2,96,300.00
b) Outstanding Salary 1,25,950.00
c) Commission Payable 1,120.00 4,23,370.00
TOTAL 19,11,992.00
II. ASSETS
1. Non-Current Assets
a) Fixed Assets
(i) Tangible Assets
Air Conditioner 2,45,090.00
Computer 3,40,850.00
Electrical Fittings & Appliances 1,97,220.00
Furniture & Fixture 2,92,970.00 10,76,130.00
b) Non-current Investments
a) Equity Share of Himadri Ltd. 2,12,500.00
b) Equity Share of RCOM LTD. 1,46,000.00 3,58,500.00
2. Current Assets
a) Cash in hand 45,362.00
b) Axis Bank 4,32,000.00 4,77,362.00
TOTAL 19,11,992.00

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Pass the following transactions and generate & export Form GSTR 1, GSTR 2 and GSTR 3:
1. Provided AMC Services to the following clients and received through Axis Bank cheque:

Sl. Date of Name of the Location of Place of supply Amount (Rs.) Amount
No. Invoice Client recipient received on
I. 01.07.2017 Raj Computers Your state Your state 1,72,000.00 02.07.2017

II. 01.07.2017 Wipro Ltd. Your state Your state 1,20,200.00 02.07.2017
III. 01.07.2017 Network Neighbouring Capital of 1,45,000.00 02.07.2017
Solution Ltd. state neighbouring state
IV. 02.07.2017 Galaxy Pvt. Ltd Your state Your state 92,000.00 02.07.2017

Note: Amount exclusive of GST @ 18%. Please search SAC Code of the services and put the same while
creating services.
2. On 01.07.2017, Company received telephone bill amounting ` 14,756 + GST from TATA DoCoMo (Billing
state – Karnataka) and paid the bill on the next day by cheque of Axis Bank.
3. On 01.07.2017, Company availed advertisement service from Third Eye Pvt. Ltd. (Billing state – Your state)
of ` 75,600 plus GST and paid the entire due on 02.07.2017 by cheque of Axis Bank.
4. The office is taken at a monthly rent of ` 12,000 plus Service Tax. It pays rent on the 2nd day of every month
to the landlord, Mr. B.B. Banerjee (unregistered person).
5. On 02.07.2017, Company availed courier services from DTDC Courier Agency [Your state] amounting `
1,020 inclusive of GST and paid the entire amount on the same day.
6. Company paid GST liability to the Government after adjusting input tax credit with output tax liability via
Axis Bank NEFT on 01.08.2017.
7. On 01.08.2017, Company availed Interior Decoration service from Angel Decoration Ltd. [Billing state –
Goa] of ` 62,000 plus GST and paid the entire dues on 31.08.2017 by cheque of Axis Bank.
8. On 01.08.2017, Company received telephone bill amounting ` 16,182 + GST from TATA DoCoMo and paid
the entire bill on the next day by cheque of Axis Bank.
9. On 02.08.2017, Company availed Corporate Training from ICA Edu Skills Pvt. Ltd. [19AABCI2340L1Z5] of
` 35,000 + GST and paid the entire amount by cheque of Axis Bank.
10. During the month of Aug 2017, Company provided the following services:

Location of Place of supply Amount

Date Services Provided Provided to
recipient (Rs.)
AMC - 20 PCs @ ` Kalakar EduTech Neighbouring Neighbouring
01/08/2017 30,000.00
1,500 - cheque state state
Windows 8.1 Your state Your state
01/08/2017 Cash 990.00
installation
Replacement of Neighbouring Neighbouring
02/08/2017 Cash 500.00
Hard Disc state state
AMC - 10 PCs @ ` Ajimganj Estate Your state Your state
02/08/2015 18,000.00
1,800 Pvt Ltd - cheque
31/08/2015 PC Diagnosis Cash Your state Your state 1,200.00

Note: Amount exclusive of GST

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 GST Project

11. On 31.08.2017, Company availed Audit Services from D B Desai and Associates, Kolkata and got a bill of `
58,000 + GST and paid the entire dues on the same day.
12. On 1.9.2017, Company paid the net GST liability through Axis Bank NEFT.
13. During the month of Sept 2017, Company has provided the following services:

Location of Place of supply Amount

Date Services Provided Provided to
Recipient (Rs.)
Lakshmi Vilas Tamil Nadu Annamalai
AMC - 30 PCs @ `
01/09/2017 Bank Ltd. - Nagar 72,000
2,400
cheque
Windows 7 Your state Your state
01/09/2017 Cash 900
installation
Repairing of 2 Your state Your state
02/09/2017 Cash 1,950
Laptops
AMC - 40 PCs @ ` Network Ltd - Maharashtra Mumbai
02/09/2017 48,000
1,200 cheque
Renting of 5 PC @ Your state Your state
Omax Autos Pvt
02/09/2017 ` 600 per month 9,000
Ltd - cheque
for 3 months
Note: Amount exclusive of GST
14. On 02.09.2017, Company availed Advertisement Services from Raj Ad Agency [21ASFPR3456C1Z6] of `
52,000 plus GST. On the same day, made partial payment of ` 25,000 by cheque of Axis Bank and the
remaining amount on 2nd Oct 2017.
15. On 02.09.2017, Company availed Event Management Services from Swastika Event Management Services
Pvt. Ltd. [20ABCCS7650P1Z9] amounting ` 16,500 inclusive of GST and cleared their dues on the same day
by cheque.
16. On 02.09.2017, Company purchased a machine for `50,00,000 + 12% GST from Bharat Machineries Ltd.,
regular dealer of West Bengal.
17. Company paid the net GST liability, if any, to the Government after adjusting input tax credit with output
tax liability via Axis Bank NEFT on 01.10.2017.

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 GST Project

Project 3
Arihant Compu Solutions Pvt. Ltd.
Your company is running a business of selling and providing maintenance services of computers. Create a
company in Tally with the below mentioned details and pass necessary entries of the following transactions
(Make necessary assumptions wherever required):
Address : Your home address
PAN : Your PAN [If you do not have any PAN, take any PAN of your choice]
GSTIN : XXPPPPP0000P1Z5 [First two digits - your state code, next ten digits - PAN]
Financial Year : 2017-18
Following is the Balance Sheet of the business:
BALANCE SHEET AS AT JUNE 30, 2017
Particulars As at June 30, 2017 As at June 30, 2017
I. EQUITY AND LIABILITIES
1. Shareholder’s Funds
a) Share Capital 5,00,000.00
b) General Reserve 3,00,000.00
c) Profit & Loss Account 1,34,780.00 9,34,780.00
2. Non-Current Liabilities
a) Loan From Bandhan Bank 2,00,000.00 2,00,000.00
3. Current Liabilities
a) Provisions for Depreciation 89,312.00
b) Trade Payables 3,16,798.00 4,06,110.00
TOTAL 16,40,890.00

II. ASSETS
1. Non-Current Assets
a) Fixed Assets
(i) Tangible Assets
Air Conditioner 1,00,000.00
Computer 50,000.00
Electrical Fittings & Appliances 55,000.00
Machinery 6,00,000.00
Furniture & Fixture 2,00,000.00 10,05,000.00
b) Non-current Investments
Fixed Deposit with Bandhan Bank 1,50,000.00 1,50,000.00
2. Current Assets
Cash in hand 1,17,890.00
Bandhan Bank 3,68,000.00 4,85,890.00
TOTAL 16,40,890.00

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Pass the following transactions and generate & export the Return Forms. Also fill up the relevant GST
Forms manually:

Date Particulars Amount (`)

Purchased 10 Dell Inspiron 3252 Desktop PC from M/s Satya Computer
01/10/2017 Pvt. Ltd., a dealer of your state (GSTIN – XXAAOCS6543P1Z3) @ `25,000 2,50,000 + GST
per piece and paid through RTGS
Purchased 1 Ram Tester machine from Vd Intellisys Technologies Private
01/10/2017 Limited (GSTIN – XXAAOCS6543P1Z3) of your neighbouring state and 90,000 + GST
paid by cheque
Imported 20 Dell Inspiron 3567 Laptops from Dell Singapore Pte Ltd. (1
01/10/2017 S$ 10,588.80
Singapore Dollar = ` 47.22) @ S$ 529.40 per piece
Got a bill from M/s Sunil Narang & Associates (Chartered Accountant)
01/10/2017 of your state for consulting in GST implementation and procedural matter 20,000 + GST
[GSTIN – XXAACFS0124L1Z6] and paid by cheque on next day
Sold 8 Dell Inspiron 3252 Desktop PCs @ ` 30,000 per piece to ICICI Bank
02/10/2017 Ltd. situated in your state but as per instruction of the bank, the PCs were 2,40,000 + GST
delivered at Srinagar branch
Got a bill from Mr. Samir Malhotra for repairing 5 pcs RAM. He is not
02/10/2017 1,000
registered under GST.
Purchased 5 ASUS M32CD Desktop PCs @ ` 60,000 per piece from
02/10/2017 M/s Mega Infotech Pvt. Ltd., a dealer of neighbouring state (GSTIN – 3,00,000 + GST
XXAABCM0363Q1Z5) and paid by cheque
02/10/2017 Raised an invoice for installation of Windows 10 in laptop 2,000 + GST
Got rent bill for the month of Oct, 2017 from landlord, M/s Sutanuti Estate
02/10/2017 15,000
Pvt Ltd., not registered under GST
50,000 + GST
02/10/2017 Paid salary for the month of Sept, 2017 to staffs
(if applicable)
Sales GM of the company went to Shillong for official tour, stayed in a hotel
02/10/2017 10,000 + GST
and submitted hotel bill to accounts department
Sold all the ASUS M32CD Desktop PCs @ ` 64,000 M/s Vinayak Agency of
02/10/2017 3,20,000 + GST
your state (GSTIN – XXAADCV6540U1Z5)
31/10/2017 M/s Vinayak Agency returned 1 pc desktop because the CPU is not working -
Got telephone bill from Vodafone (XXAADCV1230P1Z5) for the month of
31/10/2017 699 + GST
Oct, 2017
Raised a bill for AMC services provided to Dhanalaxmi Financial Services
31/10/2017 Pvt. Ltd., a registered person situated in your state, for the half year ended 6,000 + GST
30th Sept, 2017
Sold 15 pcs Dell Inspiron 3567 Laptops @ ` 35,000 + GST to M/s Sakambari
31/10/2017 5,25,000
Construction Limited of Srinagar (01AADCV1230P1Z5)

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 GST Project

Issued an invoice to M/s Satarupa Agency Pvt Ltd (01AABCS1781L1Z5)

of your state for the following items:
31/10/2017 -
a) 4 pcs Dell Inspiron 3567 Laptops @ ` 36,000 + GST
b) Installation of Windows 10 at all the laptops @ ` 800 + GST
31/10/2017 Adjusted Input Tax Credit with Output Tax Liability -
02/11/2017 Paid the net GST liability for the month Oct’17 through net banking -

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 NOTES

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