WHAT ARE THE ACCOUNTING ENTRIES FOR GST
PURCHASE GOODS IN STATE FROM CUSTOMER FOR 100000/- AND PAID 10% SGST AND CGST
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SALES WITHIN THE STATE GOODS FOR CUSTOMERS FOR RS 200000/- WITH 10% SGST AND CGST
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WHAT ARE THE ACCOUNTING ENTRIES FOR GST
GST PURCHASE GOODS IN OUT SIDE STATE FROM CUSTOMER FOR 100000/- AND PAID 10% IGST
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SALES OUT SIDE THE STATE GOODS FOR CUSTOMERS FOR RS 200000/- WITH 10% IGST
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srinvasa rao c
(accountant)
(28 Points)
Replied 03 June 2017
plz confirm any professional
assumption
now interstate sale 100 then 18% gst (cgst9 & igst9%)
interstate sales dr 100
cgst a/c dr9
igst a/c dr 9
ct purch party 118.
E&OE.
CAclubindia
