Question

Record journal entries for the following transactions in the books of Anudeep of Delhi:
(a) Bought goods ₹ 2,00,000 from Kanta of Delhi (CGST @ 9%, SGST @ 9%)
(b) Bought goods ₹ 1,00,000 for cash from Rajasthan (IGST @ 12%)
(c) Sold goods ₹ 1,50,000 to Sudhir of Punjab (IGST @ 18%)
(d) Paid for Railway Transport Rs. 10,000 (CGST @ 5%, SGST @ 5%)
(e) Sold goods ₹ 1,20,000 to Sidhu of Delhi (CGST @ 9%, SGST @ 9%)
(f) Bought Air-Condition for office use ₹ 60,000 (CGST @ 9%, SGST @ 9%)
(g) Sold goods ₹ 1,50,000 for cash to Sunil to Uttar Pradesh (IGST 18%)
(h) Bought Motor Cycle for business use ₹ 50,000 (CGST 14%, SGST @ 14%)
(i) Paid for Broadband services ₹ 4,000 (CGST @ 9%, SGST @ 0%)
(j) Bought goods ₹ 50,000 from Rajesh, Delhi (CGST @ 9%, SGST @ 9%)

Answer 1

Date	Particulars	L.F.	Dr. Rs.	Cr. Rs.
(a)	Purchases A/c Dr.		2,00,000
	Input CGST  A/c Dr.		18,000
	Input SGST A/c		18,000
	To Kanta			2,36,000
	(Being goods purchased on credit locally)
(b)	Purchases A/c Dr.		1,00,000
	Input IGST A/c Dr.		12,000
	To Cash A/c			1,12,000
	(Being goods purchased in cash from Rajasthan)
(c)	Sudhir A/c Dr.		1,77,000
	To Sales A/c			1,50,000
	To Output IGST A/c			27,000
	(Being goods supplied on credit to Punjab)
(d)	Transport Charges A/c Dr.		10,000
	Input CGST A/c Dr.		500
	Input SGST A/c		500
	To Bank A/c			11,000
(e)	Sidhu A/c Dr.		1,41,600
	To Sales A/c			1,20,000
	To Output CGST A/c			10,800
	To Output SGST A/c			10,800
	(Being goods sold on credit locally)
(f)	Air Conditioner A/c Dr.		60,000
	Input CGST A/c Dr.		5,400
	Input SGST A/c Dr.		5,400
	To Bank A/c			70,800
	(Being goods purchased locally)
(g)	Cash A/c Dr.		1,77,000
	To Sales A/c			1,50,000
	To Output IGST A/c			27,000
	(Being goods supplied on credit to Uttar Pradesh)
(h)	Motor Cycle A/c  Dr.		50,000
	Input CGST A/c  Dr.		7,000
	Input SGST A/c  Dr.		7,000
	To Bank A/c			64,000
	(Being motorcycle purchased locally for office use)
(i)	Internet Charges A/c Dr.		4,000
	Input CGST A/c Dr.		360
	Input SGST A/c Dr.		360
	To Bank A/c			4,720
	(Being broadband charges paid)
(j)	Purchases A/c  Dr.		50,000
	Input CGST A/c  Dr.		4,500
	Input SGST A/c  Dr.		4,500
	To Rajesh			59,000
	(Being goods purchased on credit locally)
(k)	Purchases A/c  Dr.		50,000
	Input CGST A/c  Dr.		4,500
	Input SGST A/c  Dr.		4,500
	To Rajesh			59,000
	(Being goods purchased on credit locally)
(l)	Output IGST A/c  Dr.		54,000
	Output CGST A/c  Dr.		12,000
	Output SGST A/c  Dr.		12,000
	To Input IGST A/c			12,000
	To Input CGST A/c			33,000
	To Input SGST A/c			33,000
	(Being GST set off and excess of CGST and SGST to be claimed as a refund)

 

Working Note 1

Particulars	IGST	CGST	SGST
Output	54,000	12,000	12,000
Input	12,000	35,760	35,760
Excess	42,000	-23,760	-23,760
Set off	-42,000	21,000	21,000
Payable	Nil	-2,760( Refund)	-2,760 (Refund)