banner_ad

Notice received GST

Others 441 views 5 replies
Dear Sir,

we have received notice from GST department demand Rs.88000 fake gst drive. we purchase Goods from supplier Rs.3310000 dt.19.08.2021 payment dome on same day. but supplier not filed 3B and Close business after 1 month. we deposit Rs. 88000 by Cash ledger so please suggest entry in books of account
Replies (5)
Is this treated as penalty...??

Then :

Dr. GST Demand A/c - XXXXX
Cr. Bank A/c - XXXXX
(give suitable Narration for the demand and reason).

**The said amount disallowed under Income Tax...
Sir,

so can we adjust with Capital account

Yes, You can account and forward the amount to Capital Account. But, Better practice show the value as disallowed..

Thank you Raja Sir,
You are welcome...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details