books in tran 1 entry

384 views 3 replies
what is entry in books of accounts of tran 1 cgst credit so cgst is debit but credit is who's is account so kindly help this entry
Replies (3)

You can credit the relevant central taxes related ledgers to CGST viz. Excise duty input, CVD, SAD, Service Tax etc.

Credit the stock or Direct income account
👍👍👍


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register