Tax computatation
This query is : Open
niloy sanyal
(Querist)
15 September 2017
How Tax Computation for IGST,CGST,SGST for the Month of August,2017
Input IGST = Rs. 374255.00 Input CSGT= Rs. 28188.00 Input SGST = RS. 28188.00
Output IGST = Rs. 56700.00 Output CGST = RS. 145924.00 Output SGST = Rs. 145924.00
Input IGST = Rs. 374255.00 Input CSGT= Rs. 28188.00 Input SGST = RS. 28188.00
Output IGST = Rs. 56700.00 Output CGST = RS. 145924.00 Output SGST = Rs. 145924.00
Dibin Divyakumar
(Expert)
15 September 2017
Output Input Payable Adjust IGST Net Payable/ (Receivable)
SGST 1,45,924.00 -28,188.00 1,17,736.00 -1,17,736.00 -
CGST 1,45,924.00 -28,188.00 1,17,736.00 -1,17,736.00 -
IGST 56,700.00 -3,74,255.00 -3,17,555.00 2,35,472.00 -82,083.00
3,48,548.00 -4,30,631.00 -82,083.00
You need not make any payment. You will have IGST receivable of 82083/-
SGST 1,45,924.00 -28,188.00 1,17,736.00 -1,17,736.00 -
CGST 1,45,924.00 -28,188.00 1,17,736.00 -1,17,736.00 -
IGST 56,700.00 -3,74,255.00 -3,17,555.00 2,35,472.00 -82,083.00
3,48,548.00 -4,30,631.00 -82,083.00
You need not make any payment. You will have IGST receivable of 82083/-
15 September 2017
Yes I agreed.
After adjustments Your IGST ITC is Rs. 82083...
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