Refund of cgst on closing stock

CGST 111 views 3 replies

My company received CGST in its Credit ledger after filing of TRAN-1 (ie Proportionate Excise Duty). My question is whta is its accounting treatment.

Replies (3)
Credit relates what?? depending on this you entry will be decided

Please give your closing ITC under Previous tax regime and receive from GST

Credit related to Closing Stock


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