Imran Ahmad (Working on GST with HLL & Castrol Distributor ) (118 Points)
19 March 2018My company received CGST in its Credit ledger after filing of TRAN-1 (ie Proportionate Excise Duty). My question is whta is its accounting treatment.
Dayananda Kakade
(Deputy Manager -Finance)
(328 Points)
Replied 19 March 2018
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 19 March 2018
Please give your closing ITC under Previous tax regime and receive from GST
Imran Ahmad
(Working on GST with HLL & Castrol Distributor )
(118 Points)
Replied 22 March 2018
Credit related to Closing Stock
CAclubindia
