We have recived credit note from transporter with gst 18%.
Now what we have to do it for ledger purpose and gst point of view please help
Amit Prakash Singh (118 Points)
10 February 2020
sujith kumar dasa
(banglore)
(1496 Points)
Replied 10 February 2020
Amit Prakash Singh
(118 Points)
Replied 10 February 2020
sujith kumar dasa
(banglore)
(1496 Points)
Replied 10 February 2020
If your question is about how to account the credit note. Then Either through JV or Debit Note, the credit note can be accounted in Books.
Dr. Vendor
Cr. Input SGST
Cr. Input CGST
Cr. Purchase/Expense Ledger
However this debit note is to be shown in GST Portal.
S M Gala
(Head: F & A)
(93 Points)
Replied 10 February 2020
Amit Prakash Singh
(118 Points)
Replied 10 February 2020
HITESH LODHA
(ARTICAL)
(24 Points)
Replied 10 February 2020
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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