Example

Suppose a company has 2 branches at Mumbai and Bangalore

Mumbai Branch receives bill as follows

A Ltd

Bill to X Ltd, Mumbai

A LTD

Consultancy Charges for Bangalore Branch

10000

CGST 6%

600

SGST 6%

600

TOTAL

11200

Hence, it is an expense of Bangalore Branch but it is received by Mumbai Branch

Mumbai Branch now wants to charge Amount from Bangalore Branch Can it do so?

View Answer

Can it charge GST on its Invoice?

View Answer

Example Input Service Distributor in GST ii.png

 

Example Input Service Distributor in GST i.png

Make Bill assuming Mumbai Branch is not Registered as Input Service Distributor

View Answer

Make Bill assuming Mumbai Branch is Registered as Input Service Distributor

View Answer

Make Input Tax Credit ledger in books of ISD

View Answer

 

 

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

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 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .