Rules to enable GST which is applied to the invoices in ADDA.

Rules to enable GST which is applied to the invoices in ADDA.

There are two rules to set up GST in ADDA for auto invoicing:


1.Eligibility : 
If checked GST will be applied only for the units whose Monthly Principal Amount exceeds ₹ 7500. For units that have the Monthly Principal Amount below ₹ 7500, GST will not apply. 

If unchecked
 GST will be applicable to ALL Units irrespective of the Monthly Principal Amount. 

2.No Exemption : 

If checked, GST will be computed on the full Monthly Principal Amount. E.g., if the Monthly Principal Amount is ₹ 9000, GST will be calculated on ₹9000.

If unchecked, first an exemption of ₹ 7500 will be applied on the Monthly Principal amount, on the remaining amount GST will be calculated.E.g., if the Monthly Principal Amount is ₹ 9000, GST will be calculated on ₹ 1500. (₹9000 - ₹ 7500)

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