Question

purchased goods from ram of Rs.50000 at 18% GST. which type of GST we have to write?


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Answer 1

Explanation:

If the purchase was intra state -

Debit Credit

Purchase A/c Dr. 50,000

Input CGST A/c Dr. 4,500

Input SGST A/c Dr. 4,500

To Ram A/c 59,000

If the purchase was inter state -

Purchase A/c Dr. 50,000

Input IGST A/c Dr. 9,000

To Ram A/c 59,000

Hope this helps.

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