05 May 2020
You have to calculate the Reverse Charge on total amount incld GST. i.e, Reverse Charge GST @ 12% x Rs. 22,500/- = Total GST @ 12% Rs. 2700 (CGST Rs. 1350 & SGST Rs. 1350)
Purchase A/c Dr. 22,500/- CGST Input @ 6% Dr. 1350/- SGST Input @ 6% Dr. 1350/- CGST @ 6% Payable - Cr. 1350/- SGST @ 6% Payable - Cr. 1350/- Accounts Payable / Bank / Cash Account - Cr. 22,500/-
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