Job work received case of f form

VAT (Legacy) 396 views 1 replies

Dear Sir

please guide in case of F form of job work received 

like:-

matrial cost - Rs. 100000/-

job work is Rs.     20000/-

what is accounting entry in books case of F form

and dvat return sales F form what value taken and what purchase value taken F form

 

 

 

Replies (1)
Here purchase value is Rs. 100000 and Labour cost Rs. 20000.
You can enter it
Dr. Purchase A/c - 1lakh
Dr. Labour A/c - 20k
Cr. Supplier A/c - 120,000.


Form Value and Purchase value Rs. 100000....


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