GST Head In Duties & Taxes Or Profit & Loss Account

221 views 1 replies
Input Gst consider Purchase
Output Gst consider SALES
GST PAID IN PLA DEBIT SIDE
PAYABLE CONSIDER IN LIABILITIES



WHAT IS SOLUTION
WHAT IS PROPER ACCOUNTING
Replies (1)
input gst show in duties and taxes in debit side
and output gst show same head in credit side
and you need to monthly adjustment entry sett off output and input tax .

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