CA Nirmal Ghorawat's Blog

1. IntraState Purchase (From Registered Dealer)

Purchase (5%) A/c Dr. 200/-

CGST Input (2.5%) A/c Dr. 5/-

SGST Input (2.5%) A/c Dr. 5/-

To Supplier A/c Cr. 210/-
2. InterState Purchase (From Registered Dealer)

Purchase (5%) A/c Dr. 200/-

IGST Input (5%) A/c Dr. 10/-

To Supplier A/c Cr. 210/-
3. IntraState Sale (From Registered Dealer)

Customer A/c Dr. 210/-

To Sale (5%) A/c Cr. 200/-

To CGST Output (2.5%) A/c Cr. 5/-

To SGST Output (2.5%) A/c Cr. 5/-

4. InterState Sale (From Registered Dealer)

Customer A/c Dr. 210/-

To Sale (5%) A/C Cr. 200/-

To IGST Output A/c Cr. 10/-
5. IntraState Inward Supply (Reverse Charge / From Unregistered Dealers)

FREIGHT A/c Dr. 100/-

SGST Input A/c Dr. 2.50/-

CGST Input A/c Dr. 2.50/-

To Goods Transport Agency (GTA) A/c Cr. 100/-

To SGST Payable RCM A/c Cr. 2.50/-

To CGST Payable RCM A/c Cr. 2.50/-
6. Utilisation of Tax Credits for Determination of Tax Payable

(A) Firstly, under Same Head

IGST Output A/c Dr.

To IGST Input A/c Cr.

To CGST Input A/c Cr. (if Surplus, after adjusting CGST)

To SGST Input A/c Cr. (if Surplus, after adjusting SGST)

To IGST Payable A/c Cr.

—

CGST Output A/c Dr.

To CGST Input A/c Cr.

To IGST Input A/c Cr. (If Surplus, after adjusting IGST)

To CGST Payable A/c Cr.

—

SGST Output A/c Dr.

To SGST Input A/c Cr.

To IGST Input A/c Cr. (If Surplus, after adjusting IGST & CGST).

To SGST Payable A/c Cr.

—

7. Tax Payments
(A) Tax Payable on Reverse Charge

SGST Payable RCM Dr.

CGST Payable RCM Dr.

To Bank Account Cr.
(B) Tax Payable (Others) – As Applicable

SGST Payable Dr

CGST Payable Dr

IGST Payable Dr

To Bank Account Cr.