Gst payments related

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u have to pay ur gst 

so this figure will comes out of ur entries of sales 

now question is gst paid by third party 

so u dont have gst liability 

now entry will come for that 

gst a/c   xxxxx (amout of ur gst paid )

          To thirid party a/c xxxxx (amout equal to gst paid)

so ur gst amount will get zero 

now whatever tax paid by third party u have to 

pay them by cash or chque  for that 

entry will be 

Third party 

   To cash / bank ( as per amoutn applicable )

 

 

 

Thanks Samir ji

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