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
Menu
GST Head In Duties & Taxes Or Profit & Loss Account
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 .
and output gst show same head in credit side
and you need to monthly adjustment entry sett off output and input tax .
Recent Topics :
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
Related Topics :
CAclubindia
