Bed debit Under PNL
Naveen Kumar (629 Points)
25 August 2019Party has deducted some amount from bill. how to adjust the same in books. Can we show Bed debit Under indirect exp. in PNL please suggest
Naveen Kumar (629 Points)
25 August 2019
prasad Nilugal
( GST Practitioner & Accounts )
(14536 Points)
Replied 25 August 2019
What is the reason for deduction ?.
prasad Nilugal
( GST Practitioner & Accounts )
(14536 Points)
Replied 25 August 2019
If you have issued GST tax invoice , received less amount and treated as discount , then Section 15 (2) (b) (i) of the CGST act 2017 will applicable .
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 25 August 2019
Live class on PF & ESI Enrollment & Returns Filing(with recording)