Hi,
Can anyone suggest the journal entry of cess in credit ledger??
How to show it in the books of account?
Regards
Ashu Gupta
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Cess In Credit Ledger
Replies (3)
Cess should be treated as same as other GST journal
CESS ITC will be debited and vendor will be credited.
The entry in accounts will be same as that of CGST ITC, SGST ITC or IGST ITC.
Yes...
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