GST exempted sales
Sales made to an exempted customer are known as exempt sales. GST customer type shall be selected as Exempted. No GST is computed on such transactions.
This article describes sales to an exempted customer. An Unregistered customer isn't the same as an Exempted customer.
Create a sales invoice or credit memo
- [!INCLUDE [open-search](../../includes/open-search.md)] Enter Sales Invoices or Sales Credit Memos, and then choose the related link.
- Select Customer on Sales Invoice or Sales Credit Memo header, GST customer type should be Exempted.
- Select G/L Account or Item Code on Sales Invoice or Sales Credit Memo line.
For example, there's a sales invoice and a sales credit memo for INR 10,000.
GL Entries for Exempted Sales are as following:
Particulars Amount Customer Account 10,000 Sales or Services Account -10,000 GL Entries for Sales Credit Memo for Exempted Sales are as following:
Particulars Amount Customer Account -10,000 Sales or Services Account 10,000