by B2C transactions refer to transactions where businesses supply goods or services directly to end consumers. In the context of GST, these are transactions that involve the sale of goods or services to unregistered individuals or entities.
Example
Your retail business sells electronic gadgets directly to individual customers. You sell a smartphone for Rs. 20,000, and the applicable GST rate is 18%. Here’s how you would record this B2C transaction in Tally Prime:
1 Enter a sales voucher in Tally Prime:
Debit: Sales Account – Rs. 20,000
Credit: Cash Sales Ledger – Rs. 20,000
GST (18%) – Rs. 3,600
2 Verify that the transaction is correctly recorded.3 Generate relevant GST reports in Tally Prime to include this B2C transaction in your 4 tax return
