Frequently Asked Questions

Yes, you can generate LUT for zero-rated exports in BUSY, As LUT and bonds are applicable in the following cases: 
Zero-rated supply to SEZ: Exporting to Special Economic Zones (SEZs) without IGST payment. 

To find a voucher, you need to follow these steps :
Step 1 : Go to transactions then click on voucher type
Step 2 : Go to modify mode and mention details and see voucher.

To Automatic generate gst bill in BUSY you need to follow these steps:
 Step 1: Specify Sale type in voucher the mention all details then apply tax It will generate automatically GST bill.

For add sale voucher without tax follow the below steps:
Step 1: Go to transaction and select voucher type sale 
Step 2: Click on add and take sale type nil rated and add voucher

If showing greyout invoice in BUSY this means that voucher belongs to last year and checking that voucher in current year. So, you can do any changes in the voucher in this year

To modify the existing voucher in BUSY, go to transactions option then select sales and then click on modify button by mentioning the voucher number you can modify existing voucher in BUSY.

If you want to create a bill for out of state party then you need to select Central Sale Type during voucher entry. Then you will not get error out of sate.

The section of 17(5) ineligible ITC and 16 (4) ineligible ITC are both for the non claimable ITC. To know the difference between them you need consult with your accountant or ca.

When recording the import of capital goods purchased from an unregistered foreign supplier in your accounting software for GST (Goods and Services Tax) reporting, you should typically select the B2B (Business-to-Business) option.

To edit the invoice in BUSY:
Step 1 : CLick on transactions
Step 2 : Sales
Step 3 : MOdify
Step 4 : Edit the invoice
Step 5 : Update the party name
Step 6 : Save changes