India overview

This article provides links to documentation resources for India.

India localization scope

• Scope of the India localization

What's new or changed for India localization

• What's new or changed for India GST in 10.0.15 - 10.0.19
• What's new or changed for India GST in 10.0.14 (October 2020)
• What's new or changed for India GST in 10.0.13 (September 2020)
• What's new or changed for India GST in 10.0.12 (July 2020)
• What's new or changed for India GST in 10.0.11 (July 2020)
• What's new or changed for India GST in 10.0.10 (May 2020)
• What's new or changed for India GST in 10.0.9 (April 2020)
• What's new or changed for India GST in 10.0.8 (February 2020)
• What's new or changed for India GST in 10.0.7 (January 2020)
• What's new or changed for India GST in 10.0.6 (November 2019)
• What's new or changed for India GST in 10.0.5 (October 2019)
• What's new or changed for India GST in 10.0.4 (July 2019)
• What's new or changed for India GST in 10.0.3 (June 2019)
• What's new or changed for India GST in 10.0.2 (May 2019)
• What's new or changed for India GST in 10.0.1 (April 2019)
• What's new or changed for India GST in 10.0.0 (April 2019)

Indirect taxes

India GST

• India Goods and Services Tax (GST) overview

Tax engine

• Tax engine overview
• Tax engine import configuration
• Electronic reporting advanced formula editor
• Tax engine applicability
• Create tax components
• Tax engine integration
• Extend tax engine configurations
• Clean up the TaxDocumentJSON table
• Troubleshoot GTE

Master data setup

• Create a business vertical
• Update the state code and union territory
• Create a GSTIN master
• Define GSTINs and reference number sequences\
• Define HSN codes and Service Accounting Codes
• Define tax rate type
• Create main accounts for the GST posting type
• Create a tax settlement period
• Attach the GSTIN to a tax registration group

Tax setup

• Define a tax configuration and deploy it to legal entities
• Map configuration tax types - Customs
• Set up rate and percentage tables
• Set up a sales tax hierarchy and the setoff rules
• Set up GST reference number groups

Tax transactions

Purchase transactions

• Purchases from unregistered vendors
• Purchase a taxable item from an unregistered vendor
• Purchases from registered vendors
• Purchases of discounted goods
• Purchase of exempted goods
• Purchase of zero-rated goods
• Purchases of non-GST goods
• Purchases from composite dealers
• Purchases of taxable goods that have shipping charges
• Revise a purchase invoice that has taxable goods
• Purchases of fixed assets
• Create a credit note against a purchase invoice
• Create a debit note against a purchase invoice
• Quality orders that involve destruction of the sampling item
• Purchase return orders
• Vendor advance payments where there are reverse charges

Sales transactions

• Sales of taxable goods to consumers
• Sales to registered customers
• Free text invoices
• Sales of taxable goods where there is a reverse charge
• Sales of exempted items
• Sales of zero-rated goods
• Sales of non-GST goods
• Sales of taxable goods that have a discount and a provisional assessment
• Sales of taxable goods that have tax on shipping charges
• Sales where prices include and exclude tax
• Create a debit note against a sales invoice
• Create a credit note against a sales invoice
• Sales invoices that are split based on delivery addresses
• Return orders

Foreign transactions

• Import goods that have GST
• Import services that have GST
• Export goods that have zero-rated tax
• Export services that have zero-rated tax
• Credit or debit note against an export order

Stock transfer transactions

• Stock transfer orders for India
• Stock transfer orders that have tax on the transfer price

Customer payment transactions

• Advance payments that include tax
• Advance payments that are settled during invoice posting
• Manual settlement of an advance payment and invoice that include tax
• Payment of invoices that include tax
• Revise advance payments that include tax
• Customer payment refunds

Project transactions

• Goods and Service Tax (GST) project transactions

Tax adjustment

• Tax amount adjustment
• Create a tax journal

Tax document inquiries

• Tax inquiry

Tax settlement

• Rule-based tax settlement

GSTR reports

• New GSTR-1 and GSTR-2 return formats
• New GSTR Offline Tool for ANX-1 and Purchase Register
• Generate the GSTR report data for tax returns
• Enable multi-batch processing for GSTR reports

Direct taxes

India withholding tax

• Include GST when calculating tax deductions
• Include GST when calculating tax collections
• Tax thresholds for India FAQ
• TCS on sales of goods

Fixed assets

• Fixed assets overview
• India fixed assets overview
• Attach a day-based calendar to a fixed asset book
• Calculate shift depreciation
• Create an inventory model group for capital items
• Create and post depreciation for a fixed asset group by using depreciation books
• Define type of shift and industry for books and attach to fixed asset
• Reversing fixed asset transactions
• Shift depreciation calculation for Indian fixed assets
• Set up a day-based fiscal calendar
• Set up parameters to calculate depreciation
• Set up asset group depreciation for depreciation books
• Transfer of capital items to the fixed asset

Request new features and functionality

You can visit Dynamics 365 Application Ideas to view, search, or vote for existing ideas, or to add new ideas.