PLEASE
journal entries in tally how to make from gstr3b
1.taxable supply
customer or party a/c Dr.
sales a/c cr.
cgst/sgst/igst payable cr.
2.payment of GST
CGST/SGST/IGST payable Dr.
Bank a/c cr.
3. book Input tax credit (ITC)
purchase a/c Dr.
cgst/what/igst a/C Receivable Dr.
to vendor a/c
4.payment of GST by utilisation of ITC
CGST/SGST/IGST a/c payable Dr.
To CGST/SGST/igst a/c receivable a/c Cr.
please make utilisation in following manner:
IGST payment with IGST ITC >CGST ITC>SGST ITC
CGST payment with CGST ITC>IGST ITC
SGST payment with SGST ITC>IGST ITC
CAclubindia
