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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:-

-a-

X LTD  Dr   94400

To Sales Local Plastic 80000

To Output CGST 9% 7200

To Output SGST 9% 7200

-ea-

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-

  1. Accounts and Finance
  2. Accounts with Taxes
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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 6 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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