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When the transaction is executed between the following entities UTGST is applied instead of SGST :
In the case of intra-state supplies where the location of the supplier and place of supply are in the same UT. Currently, the user has to create new tax component UTGST if applicable in any customer scenario.
It should be part of standard configuration as generic in nature.
In the case of intra-state supplies where the location of the supplier and place of supply are in the same UT. Currently, the user has to create new tax component UTGST if applicable in any customer scenario.
It should be part of standard configuration as generic in nature.
STATUS DETAILS
Needs Votes
Comments
As India has 5 UT and any transaction within UT carried out requires UTGST computation. Secondly, it also impacts GSTR reports therefore it should be part of the standard configuration.
Category: Tax