accounting treatment of tran1 claim of excise

Accounts 363 views 1 replies
i have claimed tran1 claim of excise against my stock on 30/06 . in my books excise was not shown separate and was included in purchase account only.
now what will be the accouting treatment of the cgst refund i have received in the gst portal of tran1 in my books of account anf how it will be reflected in books
Replies (1)
then you have to show this amount as your current assest cgst A/c debit to exise claim(trans 1)


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