How to Set Up GST Rates & HSN Codes at the Stock Group Level in Tally Prime
How to Set Up GST Rates & HSN Codes at the Stock Group Level in Tally Prime
Step-by-step SOP to configure GST tax rates and HSN codes at the Stock Group level in Tally Prime so child items inherit tax details automatically.
Who is this for: Inventory & Tax SOPs
Managing GST rates across thousands of individual inventory stock items can be overwhelming. In Tally Prime, configuring HSN/SAC codes and GST tax rates at the **Stock Group** level (e.g., setting "Electronics 18%" or "Textiles 5%") allows all child stock items assigned to that group to inherit tax rates automatically, saving hours during master item creation.
Quick Answer: How to Set GST Rates at the Stock Group Level in Tally Prime?
Go to Gateway of Tally > Alter > Stock Group > Select Stock Group. Set 'Set/Alter GST Details' to Yes. Enter the HSN/SAC code, select Taxability as 'Taxable', enter the Integrated Tax rate (e.g. 18%), and save (Ctrl+A). All child items inside this group will inherit the tax settings.
- Child stock items inherit GST tax rates from their parent Stock Group unless explicitly overridden.
- Use Alt+G > GST Rate Setup report to bulk alter tax rates across multiple Stock Groups.
- TrulyInvoice verifies item HSN codes against Tally stock groups automatically during purchase sync.
1. Step-by-Step SOP for Individual Stock Group Rate Setup
- Go to
Gateway of Tally > Alter > Stock Groupand select the target group. - Set Set/Alter GST Details to Yes.
- Enter the HSN/SAC code, set Taxability to Taxable, and specify the Integrated Tax rate (e.g., 18%).
- Press
Ctrl+Ato save the Stock Group configuration.
2. Bulk Tax Rate Configuration via GST Rate Setup Report
Press Alt+G (Go To) > GST Rate Setup. Press F4 (Group) to view by Stock Groups, select multiple groups using the Spacebar, press Alt+S (Set Rate), and apply HSN and GST tax rates simultaneously.
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