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This article describes how to manage the Goods & Service Tax Rate (GST) Master.

How To: Add a new GST rate in the Goods & Service Tax Rate Master

Pre-requisites

1. The users' role must have access to the Add app operation in the GST Rate feature in Inventory - Product Definition - Tax Definition through Roles in Ginesys Web - Admin - Security.
   
   
2. You must know the Integrated GST (IGST) Rate, Central GST (CGST) Rate, State / Union Territories (SGST / UTGST) Rate and Compensation Cess Rate as decided by the Government.

Step-by-step guide

The steps are as follows:

1. Go to Ginesys Web - Inventory - Product Definition - Tax Definition - GST Rate. This will open the Goods & Service Tax Rate Master module.
   
   
2. Click on the Add button. This opens the Add Conversion Type window.
   
   

3. In the General section, provide a name for the new tax in the Tax Name field. Also, enter remarks in the Remarks field.
   

   Warning
   The Tax Name field is a mandatory field.

   
   

4. In the Tax Rate Details section, fill in all the fields. They are:

   1. Integrated GST (IGST) Rate
      

      Info
      This is the summation of Central GST (CGST) Rate and State / Union Territories (SGST / UTGST) Rate.

      
      

   2. Central GST (CGST) Rate
   3. State / Union Territories (SGST / UTGST) Rate
   4. Compensation Cess Rate
      
      
5. Click on the Save button.
   
   
6. Record saved successfully. - message will be displayed on the screen.
   
   
7. Click on the Close button to close the window. A confirmation window appears with the message - Discard changes? If you want to go back to the Goods & Service Tax Rate Master module, then click Yes, otherwise click No.

To go back to the main page click on How To: Define Taxes in Inventory

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