CA Final/Inter Fast track classes available for May 20 attempt. Call: 1800-3000-0505

Gst payment relaited

This query is : Resolved 

kindly give me suggestion

"A" proprietor of 2 company "B" & C" firm both firms is different purpose. B firm Business is Scrap Trading & C firm Business is Labour Suppliers both firm Accounting is sepreatly, but problem is that C firm Used extra input credit of B firm at the time of Gst payment.

Example : B firm Input Credit = 45000/-
OutPut Credit = 35000/-
--------------------------------------
gst = (-) 10000/-
-------------------------------------


C firm Input Credit = 60000/-
OutPut Credit = 85000/-
--------------------------------------
paybale gst = 25000/-
------------------------------------

Then A proprietor done payment in C firm as per
C firm GST 25000/-
less B Firm GST 10000/-
----------------------------------------------
paid gst 15000/-
------------------------------------------------

so please suggestion how to take entry in tally


Keep combined GST account in tally.

thank you sir, kindly give me example



You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :





close
CA Learning