Accounting entry

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

22 September 2018 An Advocate raised the bill of Rs 200000/- . GST (18%) under reverse charge method. TDS (10%) under Section 194J. Both Parties under the Same State .

Please inform me the Accounting Entry. It is very Urgent.

CA Ankit R Momaya

CA Ankit R Momaya (Expert)
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23 September 2018 Legal Fees A/c Dr. 2,00,000
ITC- SGST RCM Dr. 18,000
ITC- CGST RCM Dr. 18,000
To Output CGST - RCM 18,000
To Output SGST- RCM 18,000
To TDS Payable (194J) 20,000
To Advocate A/c 1,80,000

Querist : Anonymous

Querist : Anonymous (Querist)

23 September 2018 Please inform us the group of ITC - CGST - RCM and Output - CGST - RCM in Tally software