Import of Goods , Customs Duty & IGST on Import of goods Entry in Tally prime
Import of Goods and Customs Duty Entry in Tally prime
Customs duty is a form of indirect tax which is imposed at the time of both import and export of goods and services. The tax which is imposed on the import of goods and services are is known as Import duty and for export of goods and services are known as Export duty.
In this video you can understand how to pass import of goods entry and Customs Duty Entry in Tally Prime.
1. Introduction -Import of Goods , Customs Duty & IGST on Import of goods Entry in Tally prime-0:00
2. Open tally prime – 0:34
3. Create ledger import & export – 0:44
4. Create ledger custom duty – 1:44
5. Create purchase entry – 2:24
6. Fill bill of entry detail – 3:43
7. Open GSTR3B - 4:22
8. Open duty & taxes in balance sheet – 5:14
9. Create journal entry – 5:40
10. Create input entry – 7:10
11. Create custom duty entry – 8:48
12. Open P&L – 9:47
13. Create bank entry – 10:24
Topics timing
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DISCLAIMER
This video is merely a general guide meant for learning purposes only. All the instructions, references, content or documents are for educational purposes only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, chartered accountant, tax professional advisors as to the risks involved may be obtained and necessary due diligence, etc may be done at your end.
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