CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

GST REFUND IN CASE EXPORT


gyanandra (Accountant)     27 June 2019

gyanandra
Accountant 
 39 points

| My Other Post

what is the journal and payment entry , if we get the refund from department agt the export of good and gst paid .

avater

Rizwan Chaudhari   30 June 2019

Rizwan Chaudhari

 2 points

View Profile | My Other Post

when you purchase the goods, you will pass an entry where Purchase A/c Dr. , Input GST A/c Dr., To Creditors A/c..

when you receive the refund you have to pass entry where Bank Dr., To GST Refund A/c..

and for this 2 Accounts you have to pass entry where, GST Refund A/c, To Input GST A/c..


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »



Trending Tags
coronavirus
aatmanirbhar bharat
gst portal
Excise
ca students
companies act 2013
income tax
Info Technology
itr
eway bill
exams
gst
tin nsdl
dvat
corporate law
esic
unified portal
itc
tds
gst council meeting
csr
VAT
pm cares fund