dear sir
how to settled ITC like I played Gst to alredy in inwards so do I need to pay again in outwards are can I played cut of invards Gst to direct remain amount on outward
Menu
invoice cut of itc
Replies (4)
if you are eligible to take credit, then you can setoff with your output tax liability.
(Total GST laibility-eligible input tax credit has to be paid in cash).
I paid 92+18%=108.5 then how to enter in out ward 97+18%=114.5 , so now how to enter in gstr1
GSTR-1 you need to disclose yout outward. Enter 97 in taxable value, 17.46 in tax amount.
in GSTR-3B you can show both input tax, output tax and pay net tax to the government.
thanQ sir
Recent Threads
- Rcm related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
Related Threads
CAclubindia
