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| Suppose next month | ||
| OUTPUT GST | 500 | |
| INPUT GST | 580 | (apart from opening) |
| Calculate GST Payble |
GST PAYABLE −80
| Particulars | Amount |
| OUTPUT GST | 500 |
| Input Gst | 580 |
| Add Opening | 70 |
| Total Input | 650 |
| Gst Payable | 0 |
| Gst Credit | 150 |
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