web analytics

What is Output GST ?

-a-

GST on sales is called Output GST.

-ea-

What is Input GST?

-a-

GST on purchases is called Input GST.

-ea-

What is GST Payable ?

-a-

Output GST - Input GST = GST Payable 

-ea-

9.jpg

Question 1

Sales Amount Within State 100000

Purchase Amount Within State 80000

GST Rate

CGST 9%

SGST 9%

Calculate GST Payable

-a-

GST Computation Format:-

PARTICULARS AMT CGST SGST TOTAL GST
Output GST 100000 9000 9000 18000
input GST 80000 7200 7200 14400
GST PAYABLE   1800 1800 3600

-ea-

  1. GST - Goods and Services Tax, India
  2. GST Computation & Accounting
Ask Download

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 7 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
  • Shubham Singh's image
    How GST is added on different goods
    View answer
  • A S MOHAN's image
    When sales are done by trader,why he should pay tax
    View answer
  • Rose Peter's image

    Sir,

    Our institute is receiving fees from students of different states for attending courses conducted at our campus. On receipt of this fee, we account it as CGST & SGST as the class is conducted in our campus. But later on when the invoice is raised, these students are asking to bill it in the name of their Institute which is having a GST no. but located in a different state. The issue is that we have already remitted the tax as CGST & SGST and now if we are issuing the invoice according to students request the tax category changes to IGST. How to deal with this situation.Can anyone suggest?

    View answer
  • Rose Peter's image

    Sir,

    Our institute is receiving fees from students of different states for attending courses conducted at our campus. On receipt of this fee, we account it as CGST & SGST as the class is conducted in our campus. But later on when the invoice is raised, these students are asking to bill it in the name of their Institute which is having a GST no. but located in a different state. The issue is that we have already remitted the tax as CGST & SGST and now if we are issuing the invoice according to students request the tax category changes to IGST. How to deal with this situation.Can anyone suggest?

    View answer
  • Rajesh Vighe's image
    If i get purchase last month invoice in next month how i get itc 

    View answer
  • Anil Gomez's image
    Journal entries for that transactions






     
    View answer
  • DWIWEDI VIBHU's image

    in Gst how to output Gst calculated. If there a  purchase bill amount of rs 100000 with 28 present Gst then 28000 is input Gst and then how to calculate output gst

     

     

    View answer
  • PR SHARMA's image

    I have purchase raw materials  in months of june-17 for fabricating an item which supplied in month of august 18 within delivery period issued by consignee .In last quarterly return purchase input credit already taken  i want to know this sales order with vat 13.5% is  supplied in month of august  how it will show in GST return now is 18% while vat have taken only 13.5% kindly explain or any video send the link this solution searching from last 1 month but no satisfaction.pl...

    View answer
  • DEEKSHA V K's image

    what is the purchase entry of resale purpose of we purchased ..................

    View answer
  • Chirashree Dhar's image
    Chirashree Dhar
    July 21, 2017, 5:53 p.m.

    Sir,

    In Example no.1

    Why CGST Payble is Rs.2000.00 and SGST Payble is Rs.1600.00 ?

    Total is Rs.3600.00.CGST and SGST Payable should be equally Rs.1800.00 in my opinion.

    Please clarify.

     

    View answer
  • DEEKSHA V K's image

    Hi sir,.....
    84438471 that code will be using for 3D printing parts sale

    View answer
  • shraddha sharma's image
    shraddha sharma
    July 8, 2017, 10:46 a.m.
    Input and output gst
    View answer
  • mohd afridi's image

     

        plz give me any information relative to gst

    View answer
  • Vicky Prajapati's image
    Vicky Prajapati
    June 27, 2017, 9:09 a.m.
    why cgst is 10% and sgst is 8%, both should be same??
    View answer
Jail