professional services expenses account DR 500000 input cgst account Dr xxxx input sgst account Dr xxxx To party account 500000+cgst+sgst To Tds on professional charges account 500000*10%
the entry will be as follows professional fees account Dr 500000 input cgst account Dr 45000 input sgst account Dr 45000 To party account 570000 To Tds on profession(194J) 10000 To Cgst TDS @ 1% 5000 To sgst TDS @ 1% 5000 here the gst rate is assumed as 9%cgst and 9%sgst.