Cess In Credit Ledger

Hi,

Can anyone suggest the journal entry of cess in credit ledger??

How to show it in the books of account?

Regards
Ashu Gupta
Replies (3)
Quick Summary
This discussion explains how to journalise Cess within the credit ledger. It clarifies that Cess should be treated identically to other GST journal entries. Specifically, Cess ITC is debited, and the vendor is credited, mirroring the accounting treatment for CGST ITC, SGST ITC, or IGST ITC.

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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