How to enter journal voucher for refund of tax credit under GST ?

You can claim the excess amount paid as tax, interest, penalty, late fee or other dues as refund using a journal voucher.

To record a journal voucher for refund under GST

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

2.    Click J: Stat Adjustment.

3.    In the Stat Adjustment Details screen, select the options as shown below:

4.    Press Enter to save and return to the journal voucher.

5.    Debit the bank ledger, and enter the amount of interest liability.

  Enter sales voucher under gst & printing invoice format in tally erp 9

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

7.    Press Ctrl+A to accept the journal voucher.

How to enter journal voucher for refund of tax credit under GST ?
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