if we purchase goods from outside a state, they charge us igst.
what entry will we pass for input tax credit?? input cgst input sgst or input igst?? plz hlp
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input tax credit
Replies (5)
You are to pass entries Debit purchase a/c & debit ITC
cont reading...
Purchase a/c. Dr
IGST input a/c. Dr
To Creditors a/c
Purchase a/c. Dr
IGST input a/c. Dr
To Creditors a/c
If in the case of import we paid igst to the govt. Then what is the entry
sir i am saying that in purchase voucher whether to pass igst or cgst and sgst?
input igst
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