Menu
Reversal of ITC
Sir GST me 180 days k baad payment nahi karne per ITC ko reverse karte hain usko journal entry mein kaise show karna Hain. or Gstr 3B main kaha show karna hain.
Replies (4)
Goog point
in GSTR3B it should be shown in ITC reversal others.
Dr. CGST/SGST/IGST reversed Cr CGST/SGST/IGST payable
Dr. CGST/SGST/IGST reversed Cr CGST/SGST/IGST payable
cgst reversed ledger would be in current account?
yes it will be asset.
Recent Topic
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
Related Topics
CAclubindia
