URD Transactions in GST – TallyPrime

URD transactions refer to transactions where a registered business supplies goods or services to individuals or entities that are not registered for GST. These unregistered dealers do not have a GSTIN (GST Identification Number)

Example

Your business sells a computer system for Rs. 30,000 to an unregistered individual. The applicable GST rate for URD transactions is 12%. Here’s how you would record this URD transaction in Tally Prime:

1 Enter a sales voucher in Tally Prime:

Debit: Sales Account – Rs. 30,000
Credit: Cash Sales Ledger – Rs. 30,000
GST (12%) – Rs. 3,600
2 Verify that the transaction is correctly recorded.

3 Generate relevant GST reports in Tally Prime to include this URD transaction in your 4 tax return