Entering GST Advance Payment Details for Services

To enter GST advance payment details:

1. From the GST Module, click GST Daily Processing (G75IGST3H), and then GST Advance Payment Services.

2. On the Work With GST Prepayment Receipts for Services form, review the unapplied receipts for GST advance payments. To view unapplied receipts for which GST has not been calculated, click the Receipts Without GST option.

   The system does not display unapplied receipts for which GST has been calculated using the HSN rate for goods in the GST Advance Payment for Goods program (P75I827) and using SAC rate for services in P75I829.

3. Select the receipt for which you want to calculate GST and click Select.

4. On the GST Advance Payment for Services form, review the values in the header fields, and update the Business Unit field if required.

5. Complete the following fields in the grid:

   • SAC Value

   • Compute GST

     Specify N for export transactions that are associated with a bond or LOU. The system does not calculate GST for these transactions.

   • Remark

     This field is enabled for the transactions for which you have specified N in the Compute GST field. You can specify a remark for these transactions, for example, bond or LOU number.

   • Gross Amount

   The system calculates the GST on the taxable amount for each applicable GST type (CGST, IGST, SGST, and Cess) based on the SAC tax rate of each GST type. The system populates the calculated GST amounts in the IGST Amount, CGST Amount, SGST Amount, and CESS Amount fields.