Machine parts Sales my CUSTOMER (OUT OF GUJARAT) but order is cencal. Bill Amt. Rs. 45,000 + IGST 18% 8100=00. Bill date Oct month and return filed of October month... How to make sales return credit Note in November month?
Sales 53,100=00
Sales 45,000=00
IGST INPUT 8100=00
THIS ENTRY IS OK OR NOT OK.
SALES RETURN
IGST INPUT ENTRY OR OUTPUT ENTRY?????
IGST INPUT IS OK?????
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Credit Note
Replies (6)
correct its ok according to me
Please reply fast
Are You use any Accounting software or manually...???
Yes. T. FAT account software
Check Out the Sales Return Voucher mode. and post the entries as per Your view.
Then it's posted/less in sales ledger and also in parties ledger balance...
In Your next GSTR 3B return less the Credit note values in Your sales values...
Then it's posted/less in sales ledger and also in parties ledger balance...
In Your next GSTR 3B return less the Credit note values in Your sales values...
Generate Credit Note against Bill raise from Accounting Software or mannual credit note can be raise
The Accounting Entries will be pass :
Sale A/c. Dr 45000
GST Output A/C Dr 8100
To Party. A/c. Cr 53100
Note : Instead of IGST Input should IGST Output
The Accounting Entries will be pass :
Sale A/c. Dr 45000
GST Output A/C Dr 8100
To Party. A/c. Cr 53100
Note : Instead of IGST Input should IGST Output
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