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ITC Carry forward to next month

Others 1318 views 11 replies
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Dear Tax Professionals,
Please clarify my doubts Regarding the ITC cary forward on Tally Prime. our customer didn't file GSTR 1 within the due date so it is not reflected GSTR 2B but it is reflected on next month. inward is taken a current month on tally prime.
Please how to entry pass on tally prime to carry forward its ITC to next month
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On 07 July 2022 at 17:26 Report
Replies (11)
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729 Points Posted on 07 July 2022
Entry in tally
CGST pending for 2B Dr.
SGST pending for 2B Dr.
CGST Input Cr.
SGST Input Cr.
when ITc reflect in 2B below entry
CGST Input Dr.
SGST Input Dr
CGST pending for 2B Cr.
SGST pending for 2B Cr.
1 Reply
On 07 July 2022 at 21:42
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article Assistant
1644 Points Posted on 07 July 2022
There is no separate entry is required....Book the purchase entry when it received and setoff accordingly....
1 Reply
On 07 July 2022 at 22:01
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Chartered Accountant
86505 Points Posted on 07 July 2022
No need for entry for carry forward. Same is shown as excess balance in Duties and taxes account.
1 Reply
On 07 July 2022 at 23:22
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915 Points Posted on 08 July 2022
U may be follow the method of inverted tax structure as solutions. ur gross profit rate decrease from your taxable turnover.
1 Reply
On 08 July 2022 at 06:17
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Chartered Accountant
86505 Points Posted on 08 July 2022
What is this??? @ imthias ahamed kormath
1 Reply
On 08 July 2022 at 07:25
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915 Points Posted on 08 July 2022
ITC is lessthan OPT or OPT morethan OPT
1 Reply
On 08 July 2022 at 20:10
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Chartered Accountant
86505 Points Posted on 08 July 2022
????? ease reply properly
1 Reply
On 08 July 2022 at 22:01
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915 Points Posted on 09 July 2022
Opt will b more than ITC
1 Reply
On 09 July 2022 at 11:39
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Chartered Accountant
86505 Points Posted on 10 July 2022
What you mean by opt
1 Reply
On 10 July 2022 at 09:09
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354 Points Posted on 10 July 2022
After 5 yrs of GST implemention nobody explain proper answer (ca)🙏
1 Reply
On 10 July 2022 at 22:55
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Chartered Accountant
86505 Points Posted on 11 July 2022
But there is no entry for that transaction which is already recorded earlier
1 Reply
On 11 July 2022 at 01:33


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