Rcm interest

For Output :
Dr. Tax on GTA - Rs. XXX
Cr. Output IGST - Rs. XXX
**(You can add the output tax (RCM) to Your output Tax or You can carry with separate Ledger).

For Input :

Dr. IGST Input - Rs. XXX
Cr. Tax on GTA - Rs. XXX
(also follow above noted ***)


Interest can be pay separate as per our normal accounting entry / procedure. Bcoz, It's directly accounted expense head...

Thank you for your guidance.

u r welcome.. .. ..