same party debtor and creditor

325 views
User Avatar

155 Points Posted on 12 September 2018
If debtor and creditor is a same party and creditor dues more than debtor than, How to apply 180 days period for GST reverse?
0 Reply Share Follow
On 12 September 2018 at 10:48 Report
Replies (2)
User Avatar

Student
3193 Points Posted on 12 September 2018
You can adjust the ledgers monthly and check total due till today after adjustment. Then check that amounts with the bills pending for adjustment. If any bill pending then for the same GST need to be reversed.
Reply
On 12 September 2018 at 16:08
User Avatar

Student
3193 Points Posted on 12 September 2018
You can adjust the ledgers monthly and check total due till today after adjustment. Then check that amounts with the bills pending for adjustment. If any bill pending >180 days then for the same GST need to be reversed.
Reply
On 12 September 2018 at 17:05

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. How do I choose the Best GST Lawyers in New Delhi
  2. Loss on sale of residential flat after indexing al
  3. Short Deduction
  4. Large mismatch between AIS Business Receipts and G
  5. Income tax on Australian Stipendiary Steward on 3
  6. INCOME TAX SECTION 92E
  7. Queries on Tax Invoice and GST
  8. Income Tax Auditor Tenure for Small Companies
  9. Sec 8 company sec 12ab reg
  10. AIS Password: How to Open Your AIS PDF?

More recent discussions | Post

Related Topics :

Loading