Enable HSN Code & GST% in Stock Summary for TallyPrime

View HSN Codes and GST Rates Directly in Stock Summary Reports

Introduction

For GST‑registered businesses, HSN codes and GST percentages are essential for accurate tax reporting and compliance. Companies that manage inventory in TallyPrime often rely on the Stock Summary report to analyze item quantities, stock values, and inventory movement.

However, the default Stock Summary report in Tally mainly focuses on quantity and value details and may not always display HSN codes and GST percentage information directly within the report view.

The Enable HSN Code & GST% in Stock Summary Add‑on developed by Pragyantra enhances inventory reporting by displaying HSN codes and GST rates alongside items in the Stock Summary report.

With this add‑on, accountants and inventory managers can easily review tax classification and GST rates for inventory items, improving GST verification and compliance management.

What is “Enable HSN Code & GST% in Stock Summary”?

The Enable HSN Code & GST% in Stock Summary Add‑on is a custom Tally module that enhances the Stock Summary report by adding columns for HSN Code and GST Percentage.

Normally, the Stock Summary report displays Item Name, Quantity, Stock Value, and Rate. With this add‑on installed, the report can also display:

• HSN Code for each item
• GST percentage applied to the item
• Tax classification details directly in inventory reports

This makes the Stock Summary report more useful for GST‑based inventory management and quick auditing.

Why Businesses Need This Add‑on

Businesses that maintain inventory under GST regulations must ensure that each item has the correct HSN classification and GST rate. Without this information in the Stock Summary report, users may face challenges such as:

• Opening individual stock item masters to check tax rates
• Verifying GST classification manually for hundreds of items
• Exporting reports to external tools for tax analysis
• Difficulty in spotting tax rate errors in inventory

The Pragyantra HSN & GST Stock Summary Add‑on solves this problem by showing vital tax data directly in the stock report view.

Key Features of the Add‑on

HSN Code Display in Stock Summary
The add‑on displays the HSN code for each stock item directly within the main report columns.

GST Percentage Column
Users can view the GST rate (5%, 12%, 18%, 28%) applied to each inventory item in real-time.

Improved GST Verification
Accountants can quickly verify item tax classifications across the entire inventory list.

Enhanced Inventory Reporting
Stock reports become more informative and compliant by including essential tax information.

Lightweight & High Performance
Developed using optimized TDL architecture, ensuring smooth performance with large inventory datasets.

Business Benefits

• Faster GST Compliance Checks: Instantly review tax classification for your entire inventory.
• Improved Reporting: Stock Summary reports provide a complete picture of tax and value.
• Reduced Manual Verification: No need to waste time opening individual stock masters.
• Audit Readiness: Simplify your tax audits by having all HSN and GST details in one view.

Use Cases

• Trading Companies: Dealing with multiple items that have different GST tax slabs.
• Manufacturing Businesses: Where raw material and finished goods HSN codes must be monitored.
• GST Registered Businesses: Where accurate inventory tax reporting is a legal requirement.
• Accounting Firms: Performing inventory-based GST reconciliations for clients.

Compatibility

This add‑on works with:
✔ TallyPrime
✔ Tally ERP 9

Frequently Asked Questions (FAQ)