Menu
Rcm entry on transport charges
Dear All
I have received bill from transporter Rs 24000/- ,
before GST my entry is
Transport Charges A/C Dr
Transporter A/c Cr
Tds Payble A/c Cr
but now in GST i didnt understand how to pass entry with RCM effect or also TDS till applicable ?
Please sugges
Sagar
Replies (2)
you have to Pay GST @ 5%
freight 25200 dr
tds 480 cr
transporter 23520 cr
rcm payable 1200 cr
tds 480 cr
transporter 23520 cr
rcm payable 1200 cr
Recent Threads
- What's CGAS?
- A Comprehensive Guide to Modern Digital Marketing
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
Related Threads
CAclubindia
