Input vs out put gst treatment

Yasaswi Gomes new (Finance ) (4514 Points)

29 December 2022  

Hi 

Output gst - input gst = Gst payable 

When you make a purchase, transaction is 

Purchases Dr 

Cgst Dr.

Payables Cr.

So does it mean that CGST debit balance is current asset or expense? Similarly for sales CGST is credit, then is it a liability? 

Txs