Implementing GST In Hotel Software
Enter Your GST No. While In Company Master at the time of creating a new company
Click Utilities >> Options
Select GST As Taxation System
Click Masters > Tax Slab to create Tax Slabs as per new GST System
Create Tax Slabs in this way.
GST in India is a dual taxation system.
In case of Local Sales (Within State), both center and state have share in the amount of tax. So we charge SGST [50%] and CGST [50%].
In case of Central Sales (Interstate). Only Central Govt. has right to get tax amount. So we charge IGST from customer.
Here’s how we’ll create tax slab
For example if GST is 12%, Then SGST and CGST will be 6% and 6% respectively. IGST will be defined as 12%.
Input KOT’s as Regular entry (no change)
By Default it will automatically calculate SGST and CGST as per rates defined in Item Master.
In case customer belongs to another state, then check “IGST Applicable”
See Bill’s Effect in Day Book
As you can see, Accounts of CGST and SGST are automatically credited with the amount of tax being applicable.
Now See How to configure Rooms for Checkout Bills
“As Govt. of India have made clear that Hotels and lodges with a tariff below Rs 1,000 a day will be exempted from GST, while those with a room rate of between Rs 1,000-Rs 2,500 will be taxed at 12 per cent and those with a tariff of Rs 2,500-Rs 5,000 will attract 18 per cent tax.”