Accounting entry of additional tax paid due to mismatch in GSTR3B & Books.
This query is : Resolved
20 September 2022
Dear Experts,
I paid additional tax due to mismatch between GSTR3B and Books in 2122 related to FY 2021. I have made entry as:
Annual Return(20-21) under Miscellaneous expense A/c under Indirect Expense Dr. 56000
Bank. 56000
Is it correct entry ? if it is wrong please suggest the correct one.
I paid additional tax due to mismatch between GSTR3B and Books in 2122 related to FY 2021. I have made entry as:
Annual Return(20-21) under Miscellaneous expense A/c under Indirect Expense Dr. 56000
Bank. 56000
Is it correct entry ? if it is wrong please suggest the correct one.
CA R SEETHARAMAN
(Expert)
20 September 2022
Instead of miscellaneous expenses charge it under taxes and duties.
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