LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Material use for office use

Jayesh Vyankatrao Pawar (Accounting & Taxation) (51 Points)

02 October 2017

Dear All,

I have trading company of Paper & cartridge. we use some paper for the Printing & Stationery.

My Question is that how to pass entry in tally under gst ?

Thanking you

Reply
Follow
Share

4 Replies

(Guest)

mention full details of what kind of transation

sales or purchase with all details like

net price and tax amount and gross amount of product

RAJA P M ("Do the Right Thing...!!!") (127142 Points)
Replied 02 October 2017

You can take it your Use and pass the JV to expenditure head...

Jayesh Vyankatrao Pawar (Accounting & Taxation) (51 Points)
Replied 02 October 2017

Dear Samirbhai,

Example i have stock no. 1000 pkt out ot which I use 5 pkt for the office use for the printing for office ducument. price of per pkt 160/- as per last purchase. how to pass entry to reduce stock and expense entry in tally. it does not inclued sale or purchase.

Thanking you

Manish Jha (student) (47 Points)
Replied 06 October 2017

TWO OPTION 1 - PURCASHE STATIONERY AND BOOK UNDER EXPENSE HEAD THAT YOU WERE USED FOR PERSONAL PURPOSE USE(NOT TAKE UNDER STOCK). 2ND PASS JV AGAINST PERSONAL CONSUMPTION.