sir my question is
sir mujhe government ko itna tax pay karna hai
cgst + sgst = 490.04+490.04
aur itna tax lena hai government se
cgst + sgst = 6175.4 + 6175.4
sir mujhe iske journal entries pass krni hai tally me journal voucher hai sir mujhe
samjh nhi aa raha hai ki entries kaise pass karo??
please help me sir
Out put CGST A/c Dr 490.04
Out put SGST A/c Dr 490.04
To Input CGST A/c Cr 490.04
To Input SGST A/c Cr. 490.04
( Out put tax adjusted input tax credit no tax payable )
In electronic credit larger balance ITC will be
reflected after set-off .
CAclubindia 