COMPOSITION TAX ENTRY ?

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53 Points Joined December 2018
what is the journal entry of tax paid under composition scheme ?
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On 22 August 2019 at 18:03 Report
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1024 Points Joined February 2018
CGST 1% A/c Dr.
SGST 1% A/c Dr
To Cash / Bank A/c or GST Payable A/c

Rate applicability depends upon your eligibility
Trader 1%
Manufacturer 3%
Restaurants,Etc. 6%
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On 22 August 2019 at 21:16


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