Dear sir/Madam,
Please explain me that,
If our company received payment by credit card,
We have received the payment by bank and bank deduct the charges ( Gst also deduct the bank for card commission) .
Where we show the amount, charges or gst
Mitesh Yadav (1 Points)
29 May 2019Dear sir/Madam,
Please explain me that,
If our company received payment by credit card,
We have received the payment by bank and bank deduct the charges ( Gst also deduct the bank for card commission) .
Where we show the amount, charges or gst
prasad Nilugal
( GST Practitioner & Accounts )
(14663 Points)
Replied 30 May 2019
Bank Charges under indirect Expense In profit & loss and Input CGST and SGST under duties and taxes in balance sheet .
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)