HANDBOOK FOR ACCOUNTANTS - JOURNAL ENTRIES - Top GST … · List of Ledgers to be Created There is no defined rule of accounting for GST. These ledgers and entries are created to

Prepared by: CA. Venugopal Gella

Intention:

1. To Ease the Accountant

2. Tally screenshots are presented for educational purpose.

3. No part of the document shall be construed as promotion of any person/organisation.

4. This is the V 1.0, and we update the document time to time.

Tuesday, 25 July 2017

Venugopal Gella

Chartered Accountants

GST HANDBOOK FOR ACCOUNTANTS -

JOURNAL ENTRIES

1 Venu & Vinay Chartered Accountants

Contents

List of Ledgers to be created ...................................................................................................................... 2

Journal Entries in Books of accounting ...................................................................................................... 3

Recording a journal voucher in tally .......................................................................................................... 7

Create RCM Purchase Ledger ................................................................................................................ 7

Accounting for RCM Transaction ........................................................................................................... 8

Increase Tax Liablity ............................................................................................................................... 9

Increase Liability and Credit Jointly ..................................................................................................... 10

Payment of Taxes ................................................................................................................................. 11

RCM Payment Voucher ........................................................................................................................ 12

Recording a journal voucher to raise liability for reverse charge ........................................................ 13

Reverse RCM Liability & Take Credit ................................................................................................... 15

Claim tax credit when the advance amount paid matches with the purchase value .......................... 16

Cancellation/Reversal of Payment Voucher ........................................................................................ 19

Purchase Returns under reverse charge .............................................................................................. 20

To record a debit note ......................................................................................................................... 22

Input Tax Credit ........................................................................................................................................ 24

P&L and GST ............................................................................................................................................. 25

Return for the Month of July, August & September due dates ............................................................... 26


List of Ledgers to be Created There is no defined rule of accounting for GST. These ledgers and entries are created to have better

control and ease of reconciling with the books Electronic Registers maintained by GSTN. If multiple

GSTIN Books are maintained in same entity additional ledgers may be created as per the need.

Sales A/c Local B2B sales A/c

Local B2C sales A/c

Interstate B2B sales A/c

Interstate B2C sales A/c

Direct Expenses A/c

Direct Expenses Registered A/c

Direct Expenses Unregistered A/c

Purchase A/c Sundry Creditors (Group in tally)

Local Purchase A/c Creditors – Registered

Interstate Purchase A/c Creditors – Unregistered

Local RCM Purchases A/c

Interstate RCM Purchases A/c Creditors – Registered (ledger)

URD Purchase A/c Vendors A/c (registered)

Import A/c Vendors A/c (unregistered)

Local Composition Dealer Purchase A/c

Interstate Composition Dealer Purchase A/c

Sundry Debtors

Exempt & Nil rated Purchase A/c Debtors

Current Liability Liability Ledger CGST A/c

Liability Ledger SGST A/c

Liability Ledger IGST A/c

Indirect Expenses A/c Indirect Expenses Registered A/c

Indirect Expenses Unregistered A/c

Current Assets

Input CGST A/c

Input SGST A/c

Input IGST A/c

Input CGST RCM A/c

Input SGST RCM A/c

Input IGST RCM A/c

Input CGST URD A/c

Input SGST URD A/c

Input IGST URD A/c

ITC CGST Ledger A/c

ITC SGST Ledger A/c

ITC IGST Ledger A/c

Provisional ITC CGST A/c

Provisional ITC SGST A/c

Provisional ITC IGST A/c

Electronic Cash CGST Ledger A/c

Electronic Cash SGST Ledger A/c

Electronic Cash IGST Ledger A/c

Cash/ Bank A/c

Duties and taxes (current liabilities)

9% Output CGST A/c*

9% Output SGST A/c*

18% Output IGST A/c*

9% Output CGST (Advance) A/c

9% Output SGST (Advance) A/c

18% Output IGST (Advance) A/c

CGST Advance A/c

SGST Advance A/c

9% Output CGST URD A/c(Liability)

9% Output SGST URD A/c(Liability)

18% Output IGST URD A/c(Liability)

9% Output CGST RCM A/c(Liability)

9% Output SGST RCM A/c(Liability)

18% Output IGST RCM A/c(Liability)

IGST Advance A/c

*Note: Here only 18% GST rate is

considered. Similar entries apply for

other rates of taxes.


Journal Entries in Books of accounting

Transaction Under GST (All values are sample number for understanding)

Outward Supply-Sales Reporting in GSTR table

Local Sale – B2B Dr Debtors A/c Cr Local B2B sales A/c Cr 9% Output CGST A/c Cr 9%Output SGST A/c

1,41,600 1,20,000

10,800 10,800

GSTR 1 Table 4A

eCommerce Transactions can be an additional entry

Interstate Sale Dr Debtors A/c Cr Interstate B2B sales A/c Cr 18% Output IGST A/c

1,18,000 1,00,000 18,000

GSTR 1 Table 4A

Local Sale – B2CL Dr Debtors A/c Cr Local B2C sales A/c Cr 9% Output CGST A/c Cr 9% Output SGST A/c

11,80,000 10,00,000

90,000 90,000

GSTR 1 Table 5

To report with state code

Export (When GST payable)

Dr Debtors A/c Dr IGST Refund Due A/c. Cr Sales (export) A/c Cr 18% Output IGST A/c

2,00,000 36,000

2,00,000 36,000

GSTR 1 Table 6A

With payment of Duty

Export Dr Debtors A/c Cr Sales (export) A/c

1,25,000 1,25,000

GSTR 1 Table 6A

Under LUT or Bond

Local Sale – B2CS Dr Debtors A/c Cr Local B2C sales A/c Cr 9% Output CGST A/c Cr 9% Output SGST A/c

1,41,600 1,20,000

10,800 10,800

GSTR 1 Table 7A

Exempted / NIL Dr Debtors A/c Cr Exempted Sales A/c

1,50,000 1,50,000

GSTR 1 Table 8

Credit Note – B2B Dr Local B2B sales A/c Dr 9% Output CGST A/c Dr 9% Output SGST A/c Cr Debtors A/c

1,20,000 10,800 10,800

1,41,600

GSTR 1 Table 9

Adjustments to Past sales

Credit Note – B2C Dr Local B2C sales A/c Dr 9% Output CGST A/c Dr 9% Output SGST A/c Cr Debtors A/c

1,20,000 10,800 10,800

1,41,600

GSTR 1 Table 10

Adjustments to Past sales

Advance receipt (say in July) (A)

Dr Cash/Bank A/c Dr IGST Advance A/c Cr Customer A/c Cr 18% Output IGST (Advance) A/c

10,000 1,800

10,000 1,800

GSTR 1 Table 11A

Raising of Invoice in subsequent month (say in August) (B)

Dr Customer A/c Cr Sales A/c Cr 18% Output IGST A/c

1,18,000 1,00,000

18,000

GSTR 1 Table 4A

Dr 18% Output IGST A/c Cr IGST Advance A/c

1,800

1,800

GSTR 1 Table 11B

Dr Cash/Bank A/c Cr Customer A/c

1,08,000 1,08,000

N A


Inward Supply-Purchases from

Registered Dealer - Intra state

Dr Local Purchase A/c Dr Input CGST A/c Dr Input SGST A/c Cr Vendor (registered) A/c

1,00,000 9,000 9,000

1,18,000

GSTR 2 Table 3

Registered Dealer - Intra state (Not reflected in supplier i.e. GSTR 1 mismatch case)

Dr Local Purchase A/c Dr Input CGST A/c Dr Input SGST A/c Cr Vendor (registered) A/c

10,000 900 900

11,800

GSTR 2 Table 3

Registered Dealer (Inter State)

Interstate Purchase A/c Dr Input IGST A/c Cr Vendor (registered)A/c

15,000 2,700

17,700

GSTR 2 Table 3

Inward Supply attracting Reverse charge mechanism:

1) Notification No.8/2017-Central Tax (Rate) – Exemption from payment of tax under reverse charge on inward supplies from dealer who is/are unregistered dealers

–> Limit = Amount < 5,000/ day = Exempted from Tax (within state only) 2) Notification 4/2017-Central Tax (Rate)- List of goods on which Reverse-

charge is applicable 3) Notification 13/2017-Central Tax (Rate) - List of goods on which Reverse-

charge is applicable (For better understanding RCM payable on URD is referred as URD only)

Purchase from Unregistered Dealer (Day 1)

Dr URD Purchase A/c Cr Vendor (unregistered) A/c

20,000

20,000

GSTR 2 Table 4B

Tax payable on Reverse charge from above URD purchase (Day 1)

Dr Input CGST URD A/c Dr Input SGST URD A/c Cr 9% Output CGST URD A/c(Liability) Cr 9% Output SGST URD A/c(Liability)

1,800 1,800

1,800 1,800

GSTR 2

Table 4B

Purchase from unregistered dealer (Day 2)

Dr URD Purchase A/c Cr Vendor (unregistered)A/c (As the amount doesn’t exceed 5,000/day overall thus exempted)

4,500 4,500

GSTR 2

Table 4B

Legal service received on which tax is payable on reverse charge

Legal Expenses A/c Cr Service Provider (registered) A/c

30,000

30,000

GSTR 2 Table 4A

Tax payable on reverse Charge

Dr Input CGST RCM A/c Dr Input SGST RCM A/c Cr 9% Output CGST RCM A/c(Liability) Cr 9% Output SGST RCM A/c(Liability)

2,700 2,700

2,700 2,700

GSTR 2 Table 4A

Composition Dealer

Dr Purchase Cr Creditors

50,000

50,000

GSTR 2 Table 7A/7B

Expenses & Purchase of Capital Goods

Indirect Expenses Dr Telephone Charges A/c Dr Input CGST A/c Dr Input SGST A/c Cr Bank

5,000 450 450

5,900

GSTR 2 Table 3


Asset Purchase (Interstate)

Dr Furniture A/c Dr Input IGST A/c Cr ABC furniture’s A/c

40,000 4,800

44,800

GSTR 2 Table 3

Up on GSTR -1

Transfer to Liability Ledger

Dr 9% Output CGST A/c Dr 9% Output SGST A/c Dr 18% Output IGST A/c Cr Liability Ledger CGST A/c Cr Liability Ledger SGST A/c Cr Liability Ledger IGST A/c (CGST = 10,800 + 10,800 = B2B + B2C SGST = 10,800 + 10,800 = B2B + B2C IGST = 18,000+ 36,000 )

21,600 21,600 54,000

21,600 21,600 54,000

GSTR 1 Adjustment entry

To be Auto populated in GSTR 3 Part A

Table 8

Liability of advance receipt

Dr 18% Output IGST (Advance) A/c Cr Liability ledger IGST A/c

1,800 1,800


Auto populated in GSTR 3 Table 8

Liability under RCM on URD

Dr 9% Output CGST URD A/c(Liability) Dr 9% Output SGST URD A/c(Liability) Cr Liability ledger CGST A/c Cr Liability ledger SGST A/c

1,800 1,800

1,800 1,800


Auto populated in GSTR 3

Table 8

Liability payable on RCM

Dr 9% Output CGST RCM A/c(Liability) Dr 9% Output SGST RCM A/c(Liability) Cr Liability ledger CGST A/c Cr Liability ledger SGST A/c

2,700 2,700

2,700 2,700

GSTR 1

Adjustment entry

Auto populated in GSTR 3 Table 8

Up on GSTR -2

Transfer to Credit Ledger

Dr ITC CGST Ledger A/c Dr ITC SGST Ledger A/c Dr ITC IGST Ledger A/c Cr Input CGST A/c Cr Input SGST A/c Cr Input IGST A/c ( CGST = 9,000 + 450 SGST = 9,000 + 450 IGST = 2,700 + 4800)

9,450 9,450 7,500

9,450 9,450 7,500

GSTR 2

Adjustment entry

Credit on URD purchases on which tax is to be paid on reverse charge

Dr ITC CGST Ledger A/c Dr ITC SGST Ledger A/c Cr Input CGST URD A/c Cr Input SGST URD A/c

1,800 1,800

1,800 1,800


Transfer to Credit on RCM purchases

Dr ITC CGST Ledger A/c Dr ITC SGST Ledger A/c Cr Input CGST RCM A/c Cr Input SGST RCM A/c

2,700 2,700

2,700 2,700


When ITC reflected in GSTR-2

Provisional ITC CGST A/c Provisional ITC SCGT A/c Cr Input CGST A/c Cr Input SGST A/c

900 900

900 900



On Payment of Taxes

Transfer to cash ledger under RCM on URD

Dr Electronic Cash CGST Ledger A/c Dr Electronic Cash SGST Ledger A/c Cr Bank

1,800 1,800

3,600

GSTR 3 Part B

Table 12

Transfer to cash ledger under RCM

Dr Electronic Cash CGST Ledger A/c Dr Electronic Cash SGST Ledger A/c Cr Bank

2,700 2,700

5,400

GSTR 3 Part B

Table 12

Transfer to Cash Ledger

Cash Payment Dr Electronic Cash CGST Ledger A/c Dr Electronic Cash SGST Ledger A/c Dr Electronic Cash IGST Ledger A/c Cr Bank (CGST= 26,100 – 9,450 -900 SGST = 26,100-9,450 -900 IGST = 55,800 – 7500)

6,750 6,750

48,300

61,800

GSTR 3 Part B

Table 12

TDS / TCS Dr Electronic Cash Ledger Cr Govt / eCom Operator

-

-

Up on GSTR -3

Transfer of Liability under RCM (URD)

Dr Liability ledger CGST A/c Dr Liability ledger SGST A/c Cr Electronic Cash CGST Ledger A/c Cr Electronic Cash SGST Ledger A/c

1,800 1,800

1,800 1,800

Adjustment entry

Transfer of Liability under RCM

Dr Liability ledger CGST A/c Dr Liability ledger SGST A/c Cr Electronic Cash CGST Ledger A/c Cr Electronic Cash SGST Ledger A/c

2,700 2,700

2,700 2,700

Adjustment entry

Transfer to Credit Ledger

Dr Liability Ledger CGST A/c Dr Liability Ledger SGST A/c Dr Liability Ledger IGST A/c Cr ITC CGST Ledger A/c Cr ITC SGST Ledger A/c Cr ITC IGST Ledger A/c Cr Provisional ITC CGST A/c Cr Provisional ITC SGST A/c Cr Electronic Cash CGST Ledger A/c Cr Electronic Cash SGST Ledger A/c Cr Electronic Cash IGST Ledger A/C { CGST Liability = 21,600 SGST Liability = 21,600 IGST Liability = 54,000+1,800 = 55,800 } {ITC CGST =9,450 + 1,800 + 2,700 = 13,950 ITC CGST =9,450 + 1,800 + 2,700 = 13,950 ITC CGST = 7,500}

21,600 21,600 55,800

13,950 13,950

7,500 900 900

6,750 6,750

48,300

Adjustment entry


Recording a journal voucher in tally

Create RCM Purchase Ledger To create a ledger for purchase of services under reverse charge

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create. 2. Under - Purchase Accounts.

3. Is GST Applicable? - Applicable. 4. Set/alter GST details? - Yes.

• Nature of transaction - Purchase Taxable.

• Taxability - Taxable.

• Is reverse charge applicable? - Yes. Press F12: Configure and set Enable reverse charge calculation? to Yes.

• Set the rate details.


Accounting for RCM Transaction

To record a purchase entry

1. Go to Gateway of Tally > Accounting Vouchers > Accounting Vouchers > F9: Purchase.

2. Enter the details as required.

Link the bill reference of the payment voucher (by selecting Agst Ref in the Bill-wise Details screen) to

the purchase invoice, if you have made an advance payment.

3. Press Ctrl+A to save.


Increase Tax Liability

To record a journal voucher to raise only the liability

1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal.

2. Click J: Stat Adjustment.

3. Select the options as shown below.

4. Click F2: Date and change the voucher date as required. 5. Debit the expense ledger or ledger grouped under Current Assets and credit the GST ledgers.

6. Press Enter to save.


Increase Liability and Credit Jointly

To record a journal voucher to raise liability and claim tax credit




4. Click F2: Date and change the voucher date as required.

5. Debit and credit the GST ledgers with the same values.



Payment of Taxes

To record a tax payment voucher

1. Go to Gateway of Tally > Accounting Vouchers > F5: Payment.

2. Click S: Stat Payment and enter the required details.

Payment Type: Set the type of payment as Regular

3. Account: Select the bank from which the payment will be made.

4. Select the central and state tax ledgers.

5. Provide GST details: Enable this option to enter the bank details.


If the bank details are not available, you can enter them later in the Challan Reconciliation report.

6. In the Bank Allocations screen, select the ledgers, enter the amount and provide the payment

details.


RCM Payment Voucher

When you make an advance payment for a taxable service under reverse charge, due to be received on

a future date, you can record an advance payment voucher.

To record an advance payment

1. Go to Gateway of Tally > Accounting Vouchers > F5: Payment.

2. Click V: Reverse Chrg. Adv. to mark the voucher for advance payment. The values entered in

this voucher are captured in GSTR-2 report.

Note: Payment vouchers recorded without clicking V: Reverse Charge. Adv. will not have GST

implications, and will form part of the Summary of Excluded Vouchers.

3. In Account, select the bank from which the payment will be made.

4. Select the party ledger, and enter the details in the Advance Payment Details screen.

Note: To categorise and display the ledgers attracting reverse charge in the Advance Payment

Details screen, set the option Enable reverse charge calculation? to Yes in the

Configuration screen of GST Details screen (displayed on enabling the option Set/alter

GST details? in the stock item or ledger master).

The tax type appears as integrated tax or central tax and state tax, based on the state selected for

the party ledger.

5. Press Ctrl+A to save the Advance Payment Details screen.

6. Select the type of reference as Advance and enter the reference details in the Bill-wise Details

screen.

7. Enter the details in the Bank Allocations screen.

Press Enter to save.

https://help.tallysolutions.com/docs/te9rel60/Tax_India/gst/challan_reconciliation_gst.htm


Recording a journal voucher to raise liability for reverse charge

When an advance payment is made for a service under reverse charge, the liability gets captured in

the GSTR-2 report.

When you purchase classified as reverse charge, you have to raise the tax liability in your books

and then pay it to the department. You can record a journal voucher to raise this liability under

reverse charge.

To view the reverse charge amount in GSTR-2

● Go to Gateway of Tally > Display > Statutory Reports > GST > GSTR-2.

To record a journal voucher from GSTR-2

1. Click J: Stat Adjustment in GSTR-2 report.


3. Click F2: Date and change the voucher date as required. You can record a journal voucher to raise

the liability for each advance payment, or at the end of the month, record a voucher to raise

liability for all the advance payments made, against a particular party.


4. Debit the expense ledger or ledger grouped under Current Assets and credit the GST ledgers.



Reverse RCM Liability & Take Credit When you have made the advance payment in previous and created the purchase invoice in the period

current period, you can view the transaction details in a report GSTR 2

You can claim the tax paid on purchase of services under reverse charge as tax credit by recording a

journal voucher, and can view the tax credit claimed in GSTR-2.

To view the tax liability under reverse charge in GSTR-2

1. Go to Gateway of Tally > Display > Statutory Reports > GST > GSTR-2. The

purchase invoice values with the tax liability details.

2. Click V: Default View and F1: Detailed to view the purchase invoice recorded in the current

period adjusted against the advance payment of the previous period.


Claim tax credit when the advance amount paid matches with the purchase value

To claim tax credit on the purchase of services under reverse charge




4. Debit the GST ledgers and enter the amount claimed as credit on purchase invoices recorded

for services under reverse charge.

5. Credit the expense ledger or ledger grouped under Current Assets.

Claim tax credit on the purchase of services under reverse charge when the

purchase value exceeds the advance amount paid

Example: Consider the transactions recorded in the following sequence.

● On 5th July, an advance payment of 1,00,000 is made for purchase of service under

reverse charge.

● To account for the GST liability, a journal voucher is recorded by crediting the GST ledgers,

and debiting the tax on advance (Current Liabilities) ledger for 18,000.

● On 2nd August, a purchase invoice is recorded for 2,90,000 (attracting GST of 52,200) by

adjusting the advance amount of 1,00,000. The tax liability on the balance amount of

1,90,000 (purchase value 2,90,000 - advance amount 1,00,000) is 34,200.


● Now to raise the tax liability of 34,200 and claim tax credit for 52,200 record a journal

voucher.

To record a journal voucher to raise a liability and account for tax credit in the same voucher




4. Debit the GST ledgers and enter the total tax credit available on the purchase invoice.

5. Credit the GST ledgers and enter the amount of tax liability to be raised on the purchase

value after deducting the advance payment.

6. Credit the expense ledgers or ledger grouped under Current Assets.


To view the tax credit claimed on reverse charge liability in GSTR-2

1. Go to Gateway of Tally > Display > Statutory Reports > GST > GSTR-2. 2. Click V: Default View and F1: Detailed to view the journal voucher recorded to reverse the tax

liability raised on advance payments.


Cancellation/Reversal of Payment Voucher

If you cancel a purchase order after advance payment made for a service under reverse charge, you can

reverse the liability on cancellation of purchase.

If the order cancellation is done in the same month, you need to exclude the advance payment

voucher from GSTR-2. Otherwise, reverse the liability on cancellation.

To exclude an advance payment voucher from GSTR-2

1. Go to Gateway of Tally > Display > Statutory Reports > GST > GSTR-2.

2. Select Included in returns and press Enter.

3. Select Advance Payment and press Enter.

4. Select the receipt voucher and click X: Exclude Vouchers.

5. Click Yes for the message Do you want to exclude this voucher?

To reverse the liability on cancellation of purchase

1. Click J: Stat Adjustment in GSTR-2 report or from the Accounting Vouchers > F7: Journal.


3. Debit the GST ledgers and credit the expense ledger or ledger grouped under Current Assets.


Purchase Returns under reverse charge

Consider a purchase invoice recorded for services as shown below:

The tax liability gets calculated and displayed in the Tax Analysis screen (click A: Tax Analysis in the

above purchase invoice) as shown below:


Record a journal voucher to raise the liability and claim credit on the tax calculated in the Tax Analysis

screen of the above purchase invoice, as shown below:

When the purchase returns happens, record a debit note to reverse the transaction.


To record a debit note

● Go to Gateway of Tally > Accounting Vouchers > Ctrl+F9.

The tax liability gets calculated and displayed in the Tax Analysis screen (click A: Tax Analysis in

the above debit note) as shown below:

Record a journal voucher to reverse the liability and tax credit claimed.

To record a journal voucher to reverse the tax liability and input tax credit

1. Click J: Stat Adjustment in GSTR-2 report or from the Accounting Vouchers > F7: Journal.



3. Debit and credit the GST ledgers with the same tax values as shown below:


Input Tax Credit Input tax credit – Set-off (Allowed)

Input tax credit – Set-off (Preference hierarchy)


P&L and GST

a) Every payment/expense (Revenue or Capital) will suffer GST, except few exceptions listed below.

a. Taxes to be paid to Supplier if registered, who then pays to Govt b. Taxes to be paid directly to govt if bought from unregistered Dealer. With a limited

exception given below. b) Payments made above Rs. 5000 per day, are paid with GST.

In other words, if you are dealing with unregistered suppliers and making payments above Rs. 5,000, you have to pay GST under reverse charge mechanism (RCM).

Exceptions to above:

1) Salary and wages 2) Electricity charges 3) Interest 4) Car fuel 5) Government Fees

Inclusions (on which payment is to be made):

i) Rent ii) Commission payments iii) Printing and stationery iv) Repairs and Maintenance v) Office Maintenance vi) Vehicle maintenance vii) Computer maintenance viii) Legal Fees ix) Consultancy Fees x) Professional Fees xi) Audit Fees xii) Labour charges xiii) Freight and transportation expenses xiv) Gift expenses xv) Business promotion expenses xvi) Advertisement etc.


Return for the Month of July, August & September due

dates Filing of Returns for the month July & August

Month GSTR 3B Simplified returns (Pay tax)

July 20th August

August 20th September

AND

*** END OF THE DOCUMENT ***

Our views expressed herein are based on our general understandings of the Accounting Rules. Sole intention

to educate and ease accountants in GST Complexities. Basis suggestions received from readers we keep

updating the document periodically. No assurance is given that the revenue authorities / courts will concur

with the views expressed herein. Our views are based on the existing provisions of law and its interpretation,

which are subject to change from time to time. We do not assume responsibility to update the views

consequent to such changes. The views are exclusively for educational purpose and any correction you feel

necessary please write to [email protected], [email protected]

Ver 1.0

•You Upload details of outward supply on 10th of subsequent month

GSTR-1

•Your Purchases will be auto populated from 11th

GSTR-2A •You can Add / Modifiy / delete records after verifying Purchase Register and file the return by 15thGSTR-2

•Corrections in Form GSTR-2 by your Customers will be appear

•You can accept / reject by 17th

GSTR-1A •Auto-populated return will be available for submission along with the payment on 20th

GSTR-3

Month GSTR 1 GSTR 2A GSTR 2 GSTR 1A GSRT 3

July 5th September Auto Populated 10th September Auto Populated

-

August 20th September Auto Populated 25th September Auto Populated

-

September 10th October Auto Populated 15th October Auto Populated

20th October

mailto:[email protected]

mailto:[email protected]

Documents

HANDBOOK FOR ACCOUNTANTS - JOURNAL ENTRIES - Top GST … · List of Ledgers to be Created There is no defined rule of accounting for GST. These ledgers and entries are created to