Journal entry for excise duty credit under gst(tran1)

shafeekh.k (Article) (27 Points)

25 July 2018  

i am a two wheeler dealer in kerala. I have purchased vehicles from Hariyana. I have paid excise duty @ 12%. when gst became applicable, i have filed TRAN1 form and availed cgst credit on the excise duty paid on the existing closing stock. How should i post the journal entry in Tally erp9? Please clarify the accounting procedure?