I have proforma expense invoice as on 31/03/2019, details are as follows
Basic value = 2,50,000/- , CGST = 22,500/- , SGST = 22,500/- , Total = 2,95,000/-
At the time of making provisional journal entry on 31/03/2019 which amount I have to consider?
Option (i) Basic + GST = 2,95,000/- ( Total proforma invoice value )
(ii) Only basic = 2,50,000/- & GST will be recognized when tax invoice will receive
Whether answer is change if I am not eligible to take this credit?
CAclubindia
