DETAILS OF PURCHASES:-
A LTD Bill to:- My Co
Bill to:- My Co
| Particular | Amount |
| PLASTIC | 100000 |
| 20000 KG*50 | |
| CGST 9% | 9000 |
| SGST 9% | 9000 |
| TOTAL | 118000 |
DETAILS OF SALES :-
MY CO Bill to:- X Ltd
Bill to:- X Ltd
| Particular | Amount |
| PLASTIC | 80000 |
| 10000 KG*80 | |
| CGST 9% | 7200 |
| SGST 9% | 7200 |
| TOTAL | 94400 |
ENTRIES FOR LOCAL SALES AND PURCHASE IN GST
ENTRY FOR PURCHASE :-
-a-
Purchase Local Plastic A/cDr 100000
Input CGST 9% Dr 9000
Input SGST 9% Dr 9000
To A Ltd 118000
-ea-
ENTRY FOR SALES:-
View AnswerX LTD Dr 94400
To Sales Local Plastic 80000
To Output CGST 9% 7200
To Output SGST 9% 7200
ENTRY FOR ADJUSTMENT OF OUTPUT AND INPUT CGST. Pass Entry
-a-
Output CGST 9% 7200
Electronic Credit Register CGST(PMT-02) 1800
To Input CGST 9% 9000
-ea-
ENTRY FOR ADJUSTMENT OF OUTPUT AND INPUT SGST. Pass Entry
-a-
Output SGST 9% 7200
Electronic Credit Register SGST(PMT-02) 1800
To Input SGST 9% 9000
-ea-
