GSTR1, GSTR2A, GSTR3B details Complete discuss

GSTR1

Sales

Goods @18% 220000/-
CGST @9% 19800/-
SGST @9% 19800/-
---------------------------
Total = 259600/-
---------------------------

GSTR2A

Purchase

Goods @18% 200000/-
CGST @9% 18000/-
SGST @9% 18000/-
---------------------------
Total = 236000/-
---------------------------


GSTR3B

Particulars                   Taxable Value           CGST          SGST
Outward Supplies           220000/-                   19800/-        19800/-
Outward Supplies           200000/-                   18000/-        18000/-

Tax Liabilities - Eligible ITC = Payable amount

CGST          19800/-         -    18000/-       =    2800/-
SGST          19800/-         -    18000/-       =    2800/- 

                  Eligible ITC - Tax Liabilities = ITC

CGST9%      36000        -     27000          = 9000
SGST 9%     36000        -     27000          = 9000

Tax Value    (400000)     -    (300000)

Eligible ITC IGST 18% 36000/- (200000 Purchase)

Tax Liabilities IGST 18% 9000/- (50000 Sales)

                        CGST 9% 15300/- (170000 Sales)

                        SGST 9% 15300/- 

IGST ITC 36000/- - T.L. IGST 9000 = 27000/- IGST ITC
IGST ITC 27000/- - T.L. IGST 15300 = 11700/- IGST ITC

IGST ITC 11700/- - T.L. IGST 15300 = 3600/- IGST ITC

Payable Tax Amount = 3600/- SGST 

• Tweet
• Share
• Share
• Share
• Share