GST Input Regards & accounting

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... From 1st January 2021 As per new Guideline Purchaser taken only 5 % Extra input Against his purchase bills in hand and on sales part 1 % of out put tax will be also deposit by tax payer.now how igst , .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cgst sgct Accounts will be maintain. if igst as per inv with us 1000 scgst cgst 1500 each But as per portal igst input 800 and sgst and cgst 1400 each with us . second side output igst 700 Sgst .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Cgst 1200 Each . 1- what is my tax deposit liabilities. 2-How much input carried forward for next month . 3-Next Month no input igst sgst cgst 500 each and output igst 300 and sgst cgst 300. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... each - Reply By Ganeshan Kalyani - The Reply = The extra 5% credit taken should be accounted thru JV in books. The same JV need to be reversed whenever the supplier uploads his invoice. The tracki .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ng of such entries are very important to justify the auditor. - GST Input Regards & accounting - Query Started By: - alok saxena Dated:- 11-2-2021 Accounting - Auditing - Got 1 Reply - Companies Law .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X