Gst credit on closing stock

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57 Points Posted on 21 March 2018

Dear Sir/Madam,

                          I got GST Credit on closing stock for customes duty paid, Which entry i need to pass.

Thank you

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On 21 March 2018 at 14:08 Report
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GST Practitioner
55067 Points Posted on 21 March 2018
ITC claim a/c. Dr
To Manufacturing/Trading a/c Cr
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On 21 March 2018 at 14:15
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57 Points Posted on 21 March 2018

Thank you sir for your quick reply.

Trading/Manfacturing a/c should group under which head?

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On 21 March 2018 at 14:38
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GST Practitioner
55067 Points Posted on 21 March 2018
income
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On 21 March 2018 at 16:00
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57 Points Posted on 21 March 2018

Thank you

 

 

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On 21 March 2018 at 16:02
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22 Points Posted on 21 March 2018
thank u
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On 21 March 2018 at 21:00

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