Accounting Entries under GST:

1. Intra- State Purchases.

Sr no Particulars Debit Credit

1 Purchase A/c .Dr XXX

XXX
Input CGST A/c.Dr XXX
Input SGST A/c.Dr
To Cash/ Creditors A/c XXX
(Being intra state purchases of
goods )

2. Intra- State Sales.

Sr no Particulars Debit Credit

2 Debtors/ Cash A/c.Dr XXX

XXX
To Output CGST A/c XXX
To Output SGST A/c XXX
To Sales A/c
(Being intra state Sale of goods )

3. Inter- State Purchases.

Sr. No. Particulars Debit Credit

3 Purchase A/c .Dr XXX

XXX
Input IGST A/c.Dr XXX
To Cash/ Creditors A/c
(Being inter - state purchases of
goods )

4.Inter- State Sales.

Sr no Particulars Debit Credit

4 Debtors/ Cash A/c.Dr XXX XXX

To Output IGST A/c XXX

(Being inter - state sales of goods )
To Sales A/c
5. Booking of services received from the supplier within the state
Sr no Particulars Debit Credit

1 Expenses A/c .Dr XXX XXX

XXX
Input CGST A/c.Dr XXX
Input SGST A/c.Dr
To Cash/ Creditors A/c
(Being expenses booked )
Credit
6. Booking of services received from the supplier from a different state
Sr no Particulars Debit Credit

1 Expenses A/c .Dr XXX XXX

XXX
Input IGST A/c.Dr
To Cash/ Creditors A/c
(Being expenses booked )

7. Purchase of Capital Goods from the same state

Sr no Particulars Debit Credit

7 Capital Asset A/c ..Dr XXX XXX

XXX
Input CGST A/c.Dr XXX
Input SGST A/c.Dr
To Cash/ Creditors A/c
(Being asset booked )

8. Purchase of Capital Goods from a different state

Sr no Particulars Debit Credit

8 Capital Asset A/c ..Dr XXX XXX

XXX
Input IGST A/c.Dr
To Cash/ Creditors A/c
(Being asset booked )
9. Payment of taxes

Utilization of CGST for payment of CGST and if balance available then

Sr no Particulars Debit Credit

1 Output CGST A/c.Dr XXX XXX

XXX
Output IGST A/c.Dr XXX
To Input CGST A/c
To Bank A/c
(Being payment of taxes made after
utilizing the input credit )

Utilization of SGST for payment of SGST and if balance available then IGST

Sr no Particulars Debit Credit

1 Output SGST A/c.Dr XXX XXX

XXX
Output IGST A/c.Dr
To Input SGST A/c
To Bank A/c
(Being payment of taxes made after
utilizing
the input credit )

Utilization of IGST for payment of IGST and if balance available then CGST and

lastly SGST
S
Sr no Particulars Debit Credit

1 Output IGST A/c.Dr XXX XXX

XXX
To Input IGST A/c XXX
To Bank A/c
(Being payment of taxes made after
utilizing the input credit )