Outward Supply-Taxable
Supplies
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
B2B
|
Dr
Cr
Cr
Cr
|
Debtors A/c
To Local B2B sales A/c
To 9% Output CGST A/c
To 9% Output SGST A/c
|
1,41,600
|
1,20,000
10,800
10,800
|
GSTR1>>
Table 4A
|
B2C S
Local
|
Dr
Cr
Cr
Cr
|
Debtors A/c
To Local B2C sales A/c
To 9% Output CGST A/c
To 9% Output SGST A/c
|
1,41,600
|
1,20,000
10,800
10,800
|
GSTR1>>
Table7A(1)
|
B2C S
Interstate
|
Dr
Cr
Cr
|
Debtors A/c
To Interstate B2C sales A/c
To 18% Output IGST A/c
|
1,41,600
|
1,20,000
21,600
|
GSTR1>>
Table 7B(1)
|
B2C L (>2.5
Lacs)
|
Dr
Cr
Cr
|
Debtors A/c
To Interstate B2C sales A/c
To 18% Output IGST A/c
|
2,95,000
|
2,50,000
45,000
|
GSTR 1>>
Table 5A
|
Exempt Supplies
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
Outward Supply –Exempt
|
|||||
Inter-state Sale –B2B
|
Dr
Cr
|
Debtors A/c
To Exempt B2B sales-Interstate A/c
|
1,20,000
|
1,20,000
|
GSTR-1 >> Table 8A
|
Local Sale –B2B
|
Dr
Cr
|
Debtors A/c
To Exempt B2B sales-Local A/c
|
1,20,000
|
1,20,000
|
GSTR-1 >> Table 8B
|
Inter-state Sale –B2C
|
Dr
Cr
|
Debtors A/c
To Exempt B2C sales-Interstate A/c
{No Transaction Limit}
|
3,00,000
|
3,00,000
|
GSTR-1 >> Table 8C
|
Local Sale –B2C
|
Dr
Cr
|
Debtors A/c
To Exempt B2C sales-Local A/c
|
1,20,000
|
1,20,000
|
GSTR-1 >> Table 8D
|
RCM Supplies Sec 9(3)
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
Outward Supply -Sales attracting RCM –Sec 9(3)
|
|||||
Local Sale –B2B
|
Dr
Cr
|
Debtors A/c
To Local RCM B2B sales A/c
|
1,20,000
|
1,20,000
|
GSTR-1 >>
Table 4B
|
Local Sale –B2C
|
Dr
Cr
Cr
Cr
|
Debtors A/c
To Local B2C sales A/c To 9% Output CGST A/c
To 9% Output SGST A/c
|
1,41,600
|
1,20,000
10,800
10,800
|
GSTR1 >>
Table 7A(1)
|
Inter-state Sale –B2B
|
Dr
Cr
|
Debtors A/c
To Inter State RCM B2B sales A/c
|
1,20,000
|
1,20,000
|
GSTR-1 >>
Table 4B
|
Inter-state Sale –B2C
|
Dr
Cr
Cr
|
Debtors A/c
To Interstate B2C sales A/c
To 18% Output IGSTA/c
|
1,41,600
|
1,20,000
21,600
|
GSTR1 >>
Table 7B(1)
|
Outward Supply-Supplies
through E-commerce Operator
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
Local Sale –B2B
|
Dr
Cr
Cr
Cr
|
Debtors A/c
To Local e-COM B2B sales A/c
To 9% Output CGST A/c
To 9% Output SGST A/c
|
1,41,600
|
1,20,000
10,800
10,800
|
GSTR-1 >> Table 4C
|
Local Sale –B2C S
|
Dr
Cr
Cr
Cr
|
Debtors A/c
To Local e-COM B2C sales A/c
To 9% Output CGST A/c
To 9% Output SGST A/c
|
1,41,600
|
1,20,000
10,800
10,800
|
GSTR-1 >> Table 7A (1) & 7A (2)
|
Inter State Sale –B2C S
|
Dr
Cr
Cr
|
Debtors A/c
To Inter State e-COM B2C sales
To 18% IGST A/c
|
1,18,000
|
1,00,000
18,000
|
GSTR-1 >> Table 7B (1) & 7B (2)
|
Inter State Sale –B2C L
|
Dr
Cr
Cr
|
Debtors A/c
To Inter State e-COM B2C sales
To 18% Output IGST A/c
|
2,95,000
|
2,50,000
45,000
|
GSTR-1 >> Table 5B
|
Outward Supply-Export
& SEZ
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
Outward Supply -For Exports
|
|||||
With payment of duty
|
Dr
Dr
Cr
Cr
|
Debtors A/c
IGST Refund Due A/c.
To Sales (export) A/c
To 18% Output IGST A/c
|
2,00,000
36,000
|
2,00,000
36,000
|
GSTR 1 >>
Table 6A
With payment of Duty
|
Without payment of duty
|
Dr
Cr
|
Debtors A/c
To Sales (export) A/c
|
1,25,000
|
1,25,000
|
GSTR 1 >>
Table 6A
Under LUT or Bond
|
Outward Supply -For SEZ
|
|||||
With payment of duty
|
Dr
Dr
Cr
Cr
|
Debtors A/c
IGST Refund Due A/c.
To Sales (export) A/c
To 18% Output IGST A/c
|
2,00,000
36,000
|
2,00,000
36,000
|
GSTR 1 >>
Table 6B
With payment of Duty
|
Without payment of duty
|
Dr
Cr
|
Debtors A/c
To Sales (export) A/c
|
1,25,000
|
1,25,000
|
GSTR 1 >>
Table 6B
Under LUT or Bond
|
Advances Received from
Customer
Nature
|
Dr/Cr
|
Journal Entry
|
Amount
|
Amount
|
Reporting Table
|
Advance received
|
Dr
Cr
|
Bank
To Advance Received
|
11800
|
11800
|
GSTR-1>>
Table-11A (1)
|
Invoice Same Month
|
Advances Received and Invoice Raised in the same month,
the Tax would be levied on Supply no separate reporting for Advances is
required.
|
||||
Invoice not raised in same Month
|
Dr
Cr
Cr
|
GST on Advances
To 9% Output CGST
To 9% Output SGST
|
1800
|
900
900
|
GSTR-1>>
Table-11A (1)
|
Invoice raised Subsequently
|
Dr
Cr
|
18% IGST Output A
To GST on Advances
|
1800
|
1800
|
GSTR-1>>
Table-11B (2)
|
Subsequent adjustment for
advances
Nature
|
Dr/Cr
|
Journal Entry
|
Amount
|
Amount
|
Reporting Table
|
B2B
|
Dr
Cr
Cr
Cr
|
Debtors A/c
To Local B2B sales A/c
To 9% Output CGST A/c
To 9% Output SGST A/c
|
1,41,600
|
1,20,000
10,800
10,800
|
GSTR1 >>
Table 4A
|
Receipt
|
Dr
Cr
|
Bank
To Debtors A/c
|
1,29,800
|
1,29,800
|
-
|
Advance Adjusted
|
Dr
Cr
|
Advance Received
To Debtors A/c
|
11,800
|
11,800
|
GSTR-1 >>
Table-11B (1)
|
Dr
Dr
Cr
|
9% Output CGST A/c
9% Output SGST A/c
To GST on Advances
|
900
900
|
1800
|
GSTR-1 >>
Table 11B (1)
|
Credit Note / Debit Note
Nature
|
Dr/Cr
|
Journal Entry
|
Amount
|
Amount
|
Reporting Table
|
Credit Note
B2B
|
Dr
Dr
Dr
Cr
|
Local B2B sales A/c
9% Output CGST A/c
9% Output SGST A/c
To Debtors A/c
|
1,20,000
10,800
10,800
|
1,41,600
|
GSTR 1 >>
Table 9B
|
Credit Note
B2C L
|
Dr
Dr
Dr
Cr
|
Local B2C sales A/c
9% Output CGST A/c
9% Output SGST A/c
To Debtors A/c
|
1,20,000
10,800
10,800
|
1,41,600
|
GSTR 1 >>
Table 9B
|
Credit Note
B2CS
|
Dr
Dr
Dr
Cr
|
Local B2C sales A/c
9% Output CGST A/c
9% Output SGST A/c
To Debtors A/c
|
1,20,000
10,800
10,800
|
1,41,600
|
GSTR 1 >>
Table 10
Adjustments to Past sales
|
Debit Note
|
Dr
Cr
Cr
Cr
|
Debtors A/c
To Local B2B sales A/c
To 9% Output CGST A/c
To 9% Output SGST A/c
|
1,41,600
|
1,20,000
10,800
10,800
|
GSTR 1 >>
Table 9B
|
Inward Supply-Registered
Dealer
Nature
|
Dr /Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
Purchase –B2B
|
Dr
Dr
Dr
Cr
|
Purchases/Exepnses-B2B A/c
Input CGST A/c
Input SGST A/c
To Creditor A/c
|
1,00,000
14,000
14,000
|
1,28,000
|
GSTR-2>> Table-3
|
Inward Supply-URD
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
Purchases –RCM 9(3)
|
Dr
Dr
Dr
Cr
Cr
Cr
|
Purchases/Expenses -RCM
Input CGST A/c
Input SGST A/c
To Creditor A/c
To 2.5% Output CGST A/c
To 2.5% Output SGST A/c
|
50,000
1,250
1,250
|
50,000
1,250
1,250
|
GSTR-2>>Table-4A
|
Purchases-URD
C2B –9(4)
|
Dr
Dr
Dr
Cr
Cr
Cr
|
Purchases/Expenses -URD
Input CGST A/c
Input SGST A/c
To Creditor A/c
To 6% Output CGST A/c
To 6% Output SGST A/c
|
50,000
3,000
3,000
|
50,000
3,000
3,000
|
GSTR-2>>Table-4B
|
Inward Supply-URD Contd….
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
RCM Liability end of the day
As per Notification No.8/2017-Central Tax (Rate),
purchases up to 5k is exempted every day.
|
Dr
Dr
Cr
Cr
|
Input CGST A/c
Input SGST A/c
To 6% Output CGST A/c
To 6% Output SGST A/c
{Purchases are normally booked without payment of
taxes. Day end the taxes are calculated and liability is created}
|
3,000
3,000
|
3,000
3,000
|
GSTR-2 Table-4B
|
Import of Services
|
Dr
Dr
Cr
Cr
|
Expenses
Input IGST A/c
To Creditor A/c
To 12% IGST A/c
|
50,000
6,000
|
50,000
6,000
|
GSTR-2 Table-4C
|
Inward Supply-Import
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
Import of Goods
|
Dr
Dr
Cr
Cr
|
Purchases
Input IGST
To Creditor A/c
To 12% IGST A/c
{ Track Bill of Entry }
|
50,000
6,000
|
50,000
6,000
|
GSTR-2 Table-5A& 5B
|
Inward
Supply-(Composition/Nil/ Nontaxable)
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
Purchase from Composition Dealer
|
Dr
Cr
|
Purchases/Expenses a/c
To Creditors a/c
|
1,000
|
1,000
|
GSTR-2>>
Table-7 (2)
|
Exempted / NIL / NON-Taxable Purchase
|
Dr
Cr
|
Purchases/Expenses a/c
To Creditors a/c
|
1,000
|
1,000
|
GSTR-2>>
Table-7 (3/4/5)
|
Inward Supply-Advances
paid to Vendors
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
Advances Paid to Registered Vendor
|
Regular Payment entry
|
||||
Advance Paid to Unregistered Vendor
|
Dr
Cr
|
Creditor a/c
To Bank
|
1,00,000
|
1,00,000
|
GSTR-2>>
Table-10A (1)
|
Payment Voucher
|
Dr
Dr
Cr
Cr
|
Input CGST-RCM
Input SGST-RCM
To 2.5% Output CGST A/c
To 2.5% Output SGST A/c
|
2,500
2,500
|
2,500
2,500
|
GSTR-2>>
Table-10A (1)
GSTR –3 5A (1)
|
URD Purchase against advance
|
Dr
Cr
|
Purchases a/c
To Creditor
|
1,00,000
|
1,00,000
|
GSTR-2>>
Table-4B
|
Inward Supply-ISD related
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
ISD Purchase of SERVICES
|
Dr
Dr
Dr
Cr
|
Expenses-B2B A/c
Input CGST A/c
Input SGST A/c
To Creditor A/c
|
1,00,000
14,000
14,000
|
1,28,000
|
GSTR-6>>Table-3
(of ISD)
|
ISD Purchase of MATERIALS
|
Dr
Cr
|
Expenses-B2B A/c
To Creditor A/c
(No Credit can be availed)
|
1,28,000
|
1,28,000
|
GSTR-6>> Table-3
(of ISD)
|
ISD Credit Transfer
(Head Office)
|
Dr
Cr
Cr
|
Branch Office A/c
To Input CGST A/c
To Input SGST A/c
|
28,000
|
14,000
14,000
|
GSTR-2>>
Table-8A (of Branch) OR
GSTR-6>> Table-5
(of ISD)
|
Upon filing of GSTR -1
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
ReportingTable
|
Transfer to Liability Ledger
|
Dr
Dr
Dr
Cr
Cr
Cr
|
9% Output CGST A/c
9% Output SGST A/c
18% Output IGST A/c
To Electronic Liability Ledger CGST A/c
To Electronic Liability Ledger SGST A/c
To Electronic Liability Ledger IGST A/c
|
21,600
21,600
54,000
|
21,600
21,600
54,000
|
GSTR-1
Adjustment entry
|
Upon filing of GSTR -2
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
ReportingTable
|
Transfer to Credit Ledger
|
Dr
Dr
Dr
Dr
Cr
Cr
Cr
|
Electronic Credit CGST Ledger A/c
Electronic Credit SGST Ledger A/c
Electronic Credit IGST Ledger A/c
Expenses A/c {T1,T2,T3}
To Input CGST A/c
To Input SGST A/c
To Input IGST A/c
|
9,450
9,450
7,500
2,000
|
9,450
9,450
9,500
|
GSTR 2
Adjustment entry
|
Basis mismatch Report
|
Dr
Dr
Dr
Cr
Cr
Cr
|
Provisional ITC CGST A/c
Provisional ITC SCGT A/c
Provisional ITC IGST A/c
To Electronic Credit CGST Ledger
To Electronic Credit SGST Ledger
To Electronic Credit IGST Ledger
|
900
900
900
|
900
900
900
|
GSTR 2
Adjustment entry
|
Inward Supply-Upon filing
of GSTR -2 Contd…
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
ReportingTable
|
Not attended by supplier
|
Dr
Cr
|
Purchase/Expense a/c
To Provisional ITC XGST* A/c
|
900
|
900
|
Mismatch Report
Adjustment Entry
|
Rectified by supplier
|
Dr
Cr
|
Electronic Credit XGST Ledger
To Provisional ITC XGST A/c
|
900
|
900
|
Mismatch Report
Adjustment Entry
|
Inward Supply-On Payment
of Taxes
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
ReportingTable
|
Transfer amount to cash ledger
|
Dr
Dr
Dr
Cr
|
Electronic Cash CGST Ledger A/c
Electronic Cash SGST Ledger A/c
Electronic Cash IGST Ledger A/c
To Bank A/c
|
1,000
1,000
1,000
|
3,000
|
Not Applicable
|
TDS / TCS
|
Dr
Cr
|
Electronic Cash Ledger
To Govt / eCom Operator
|
Auto populated
|
Not Applicable
|
|
Inward Supply-Upon filing of GSTR -3
Nature
|
Dr/Cr
|
Ledger a/c
|
Amount
|
Amount
|
Reporting Table
|
Transfer to Credit Ledger
|
Dr
Dr
Dr
Cr
Cr
Cr
Cr
Cr
Cr
|
Electronic Liability Ledger CGST A/c
Electronic Liability Ledger SGST A/c
Electronic Liability Ledger IGST A/c
To Electronic Credit CGST Ledger A/c
To Electronic Credit SGST Ledger A/c
To Electronic Credit IGST Ledger A/c
To Electronic Cash CGST Ledger A/c
To Electronic Cash SGST Ledger A/c
To Electronic Cash IGST Ledger A/c
|
21,600
21,600
55,800
|
13,950
13,950
7,500
6,750
26,850
30,000
|
Adjustment entry
|
Migration Entry 140(1)
Particulars
|
Rs
|
CenvatCreditinlastExciseReturns
|
150
|
InputTaxCreditavailableinlastVATreturns
|
250
|
TaxincidenceofNonsubmittingofstatutoryforms(CformtobesubmittedforsalevalueofRs.5,000/-)(5.5%-2%)
|
(175)
|
Migration Entry 140(2)
Particulars
|
Rs
|
CenvatCreditavailableforCapitalGoods
|
250
|
InputTaxCreditavailedsofar
|
125
|
Balancecreditnotavailed
|
125
|
Trader 140(3) Deemed
Credit
Supply Value
|
GST Rate
|
Typeof tax
|
CGST paid
|
IGST Paid
|
Deemed Credit rate
|
Deemed credit value
|
% on sale value
|
10000
|
5%
|
CGST
|
250
|
0
|
40% of CGST
|
100
|
1.00%
|
10000
|
12%
|
CGST
|
600
|
0
|
40% of CGST
|
240
|
2.40%
|
10000
|
18%
|
CGST
|
900
|
0
|
60% of CGST
|
540
|
5.40%
|
10000
|
28%
|
CGST
|
1400
|
0
|
60% of CGST
|
840
|
8.40%
|
10000
|
5%
|
IGST
|
0
|
500
|
20% of IGST
|
100
|
1.00%
|
10000
|
12%
|
IGST
|
0
|
1200
|
20% of IGST
|
240
|
2.40%
|
10000
|
18%
|
IGST
|
0
|
1800
|
30% of IGST
|
540
|
5.40%
|
10000
|
28%
|
IGST
|
0
|
2800
|
30% of IGST
|
840
|
8.40%
|
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