how to written off gst credit balance in books of account as on 31.03.2018. as notification issued 20/2018 that all gst credit lapse after 31st july. so better excess gst balance in books of should be written off as on 31.03.2018.
Menu
Excess gst written off
Replies (2)
Your query is not cleared
In synthetics textile business excess credit balance of GST in books as on 31.03.2018 will not refund to manufacturer so they have to writeoff in their books . how to pass entry for writeoff this gst credit balance in books of account as on 31.03.2018. can we pass journal entry through p&l account then gst credit reverse in GSTR 3B RETURN. is this procedure is right for writtenoff of credit balance.
Recent Topics :
- Business discontinued as Government took possessio
- Which Aviation Services Can Air Ticketing Professi
- Section 87A
- GST on Transport
- Which software to buy
- Property Selling and buying
- Office Management System
- Can I pursue articleship alongside a regular full-
- Investment fund's income from ncd distribution to
- Comparative BS PL with Audit report
Related Topics :
CAclubindia
