Good Evening
Last month i have paid Gst Payment so now in Tally in which head i have,to take that Entry
You entry will be
1/)Output Tax A/c Dr
To Input Tax. A,/c Cr
TO GST payable A/c Cr
( Tax payable )
2) paid entry
GST payable. A/c Dr
To Bank. A/c Cr
( payment of GST )
Out put Tax under Duties and Taxes libility side
Input tax under Duties and Taxes
GST payable under Current libility .
CAclubindia
