Dear Sir/Madam,
I got GST Credit on closing stock for customes duty paid, Which entry i need to pass.
Thank you
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Gst credit on closing stock
Replies (5)
ITC claim a/c. Dr
To Manufacturing/Trading a/c Cr
To Manufacturing/Trading a/c Cr
Thank you sir for your quick reply.
Trading/Manfacturing a/c should group under which head?
income
Thank you
thank u
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