Dear sir/Madam,
Please explain me that,
If our company received payment by credit card,
We have received the payment by bank and bank deduct the charges ( Gst also deduct the bank for card commission) .
Where we show the amount, charges or gst
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Credit card payment adjustment as per gst
Replies (1)
Bank Charges under indirect Expense In profit & loss and Input CGST and SGST under duties and taxes in balance sheet .
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