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Setting up GST of India

You can use the Tax Rules to make your store GST compliant. Goods and Service Tax (GST) slabs are pegged at 5%, 12%, 18% & 28%. GST is a single tax on the supply of goods and services and is of 3 types:

  • Central GST (CGST) – Levied by Centre and applicable on sale and purchase of goods and services within the same state (Intra-State).
  • State GST (SGST) – Levied by State and applicable on the sale and purchase of goods and services within the same state (Intra-State).
  • Integrated GST (IGST) – Levied by Central Government on the sale and purchase of goods and services in different states (Inter-State).

Examples

18% GST

Let us take an example of setting up the 18% slab of GST. 

Here, we need to define 3 types of GST i.e. IGST, CGST and SGST. The order items are shipped from the state of the product's seller, thus before setting up GST, we need to make sure that we have correct country and state of the product's sellers in their profile. 
Click on Add Tax to start adding the taxes.

 
  1. IGST @ 18%

IGST is applied when selling/manufacturing state and purchasing state is different. Thus, we will have to set up IGST as follows:

 
  1. CGST @ 9%

CGST is applied when selling/manufacturing state and purchasing state is same. Thus, we will have to set up CGST as follows:

  1. SGST @ 9%

Similarly, SGST is also applied when selling/manufacturing state and purchasing state is same. Thus, we will have to set up SGST as an additional tax of CGST as follows:

As shown above, SGST acts as an additional tax of CGST, hence, we need to mark CGST as an additional tax by checking Group Tax checkbox, and add an additional tax i.e. SGST as follows:


Now we have finally set up the 18% slab of GST with all its types/models.

2018-09-18T06:01:05.999Z