NIIT Limited Sales Business process

S.No Sales Process

a Outward supply tax
b Supply made to Abroad and SEZ customers
c Nil Rated excempt
d Jiska credit lena hai GSTR2
d Jo pay karna GSTR1
e Non GST outward supplies
3.2
a Unregistered Persons
4
Import of goods
Import of services
Inward supplies liable to reverse charge
ISD Input services distributor
All other ITC
B ITC reversed
Capital asset major
Others
c
D Ineligible ITC
5
Value of exempt nil rated non gst supplies
Comosition schem NIL
NON GST supplies
Rent a cab
Motor vehicle
6 Payment of tax
intrest
late fee
7 TDS/TCS

Phase 1
Phase2
Adjustments

GRIR 211007

Tax payble on advance

Account
receivale
125003 G/L
Encore bifurcation
Stock transfer

Deferred Revenue case

Notice Pay recovery

Debit note recovery

Login CredentiMail needs to be send

SPOC
Excel of business process

Doc types
Business place

Report needs to be created not a program

Input screen should be required
Note Encore NIIT ERP

Travel information
Smart Forms needs to share with NIIT Lim
 1st level summary needs to be maintain

Description Remarks
Advance

Books Sale to government

Inward Supply

NA

PAN india not on state level MLSL , NIIT ltd

R01 - (Expense GL) 134 GL Capex - 636 GL Repair and maintenance of Asset

Insurance of emp, Food and beverages

Petrol, diesel
R02
R02

this is maual Utilization of taxes should be captured

this is manual data would e capture on priority
Should be in scope Currently disabled

Input credit
4 lac to 8 lac
Full amount advance
Partial advance
Full / Partial but adjust some percentage (Partial)

Billing
Refund
Advance Service tax + GST cases
Actually a Sale and Purchase - create a STO
Notice pay recovery Tax code maintained
Debit note recovery Inter- company transaction
May, June, July
Tax needs to pay this month only
Directly through G/L
Turnover Ratio Tax + Nil, non taxable

R01 100 % Taxable suppl

R02 NIL No credit
R03 Not aware it could be exempted as wel

Mr. Arvind Bindal 9810663533

F.12 - report for reference

Doc types with E Educational ERP

PO, Invoice, Debit / Credit Notes, Cash receipt

 summary needs to be maintained

TAXINN
JOIG
JOCG
JOSG
JOUG
Tax classification into mate
Vendor Sid
Business place is differenet 0602 New plant code

R01 - R03 1st 10 characters is document number

Customer GSTIN is changing

on of taxes should be captured into SAP

uld e capture on priority

ax + GST cases
maintained
mpany transaction

, non taxable

100% Credit
Non deductable
re it could be exempted as well as taxable

FB50 program
G/L Summary based data
Tax classification into material master and customer master
Blank

Exempt supplies To govt, Residential property

NIL rated Physical courseware
0 rated Export + SEZ
 GSTR 3B Phase 1
Sr. No GSTR 3B Points Summary
Outward supplies are goods sold / supplied or services
Outward taxable supplies (other than zero provided within India
3 (1) (a) rated, nil rated and exempted) (both inter-state and intra-state)

Taxable value of supplies outside India and supply

3 (1) (b) Outward taxable supplies (zero rated) within SEZ.

Supplies which are specifically exempted as per GST

3 (1) (c) Other outward supplies (Nil rated, exempted) law

There are certain notified goods and services for which

3 (1) (d) Inward Supplies (liable to reverse charge) the recipient needs to pay the tax instead of supplier

3 (1) (e) Non GST Outward Supplies Value of sales of goods which do not fall under GST

3(2) (a) Supplies made to Unregistered Persons Inter-state supplies made to unregistered taxpayers

State-wise (or UT-wise) detail of taxable supply made

Supplies made to Composition Taxable
3(2) (b) to registered taxable
Persons person opting for Composition Scheme
3(2) (a) Supplies made to UIN Holders

IGST paid on goods imported and used only

4(A)(1) Imports of Goods for business purposes
IGST paid on import of services and used
4(A)(2) Imports of Services only for business purposes

If any inward supply Is made which is liable

to reverse charge, i.e. where the onus of
4(A)(3) Inward supplies liable to reverse charge payment of tax falls on the
receiver

If a business has multiple

units and is supplying goods or services from all such
4(A)(4) Inward Supply from ISD units, the input service distributor will
allot the relevant ITC to each such unit
4(A)(5) All other ITC

Input services which are partly used for the

4(B)(1) ITC Reversed purposes of business and partly for other
purposes
4(B)(2) Others
 ITC is not available against Motor vehicles
4(D)(1) Ineligible ITC As per Section 17(5) ,conveyances & service such as food , beverages.

From a Supplier under Compostion Scheme

5 NA
*Non GST Supply

Here the total tax payable should be mentioned. It

should match with the
6.1 Payment of Tax details of tax provided for example outward taxable
values & inward taxable values.

Any tax deducted by any department of the

6.2 TDS & TCS Credit Central or State Government, local
authorities, Government agencies

Tax payble on advance 4 lac to 8 lac

Full amount advance
Partial advance
Full / Partial but adjust some percentage (Partial)

Debit note recovery Inter- company transaction

Other Points GSTR3B ( Covered in Phase 2 )

Common Cost Recovery
Management cost recovery

NIIT LTD- Deals in B2B , B2C & Forign

GRIR GL-211007 Used for Input Credit

Encore bifurcation Billing
Refund
Advance
Tax code maintained
Notice pay recovery Directly Throgh GL
Debit note recovery Inter- company transaction

R01 100 % Taxable supply

R02 NIL No credit

R03 Not aware it could be exempted as well as taxable

May, June, July

Deferred Revenue case Tax needs to pay this month only
 Remarks

All sales incuding inter and intra states having GST taxes.

Taxable value of supplies outside India

*Nil Rated Means 0 Tax Rate(for Physical Cource Ware) & Exempted means services
provide to the Govt.
*All tax columns should be kept as Nil

Taxable value of inward supplies where the payment of tax falls on the receiver i.e
Sponsring

Not Applicable

State wise details of total taxable value and amount of IGST.

NA

NA

Based on maintained Tax Code for Goods

Based on maintained Tax Code for Services

NIL

Audit on Pan Level not Plant Wise & MLSL NIIT Company & 0602 is the Business
Place
0601 -Normal Business Palace

Includes Every Thing

R01 - (Expense GL) 134 GL Capex - 636 GL Repair and maintenance of Asset

First Credit then Reversal

 NA

Interest & lateFees done Manually

Currenly maintaind Manually but in Scope

B ( Covered in Phase 2 )
Distributed the cost to multiple company
Domestic

A. NVTL- Government Business & Traning

B. NIPE -B2B Business
C. NIFBIT -B2B Business & Traning
D. MLSL- Provides the School & E contents.

GL Summary Centralized in SAP(Service +GST)