If the supplier is from a different state, replace CGST/SGST with IGST (18%) . Tax Calculation Formula Base Amount: Total Invoice Value / (1 + Tax Rate) GST Amount: Base Amount × 18% CGST/SGST: GST Amount ÷ 2
📍 Always reconcile these entries with your GSTR-2B statement before filing your monthly returns to ensure the supplier has uploaded the invoice. 18 - Purchase GST Entrypdf
If you tell me which you use (like Tally, QuickBooks, or SAP), I can provide the specific navigation steps for that system. If the supplier is from a different state,
You must have the supplier’s valid GST number to claim the Input Tax Credit (ITC). 18 - Purchase GST Entrypdf
This is the total invoice value you owe the supplier. Important Checklist