Question { 4163 }

Any body give journal entry for this

PURCHASEA/C DR 500
S.TAX 50.0
SUNDRY CREDITOR 450.00
AND

Which amount i taken in purchase ledger
and which amount i taken in s.Tax ledger
and which amount i taken in sundry creditors ledger
wat are the details i require to maintain with regard to
submitting of s.Tax return

Answer

You had purchased for Rs. 500.
Purchase Amt - 450
S.Tax 50
-------------------
Total - 500 (Sundry Creditor)
=======================================
If, my thinking is correct, then the entry will
Purchase A/c. Dr. 450
S.Tax A/c. Dr. 50
To. Sundry Creditor A/c Cr. 500

(S.tax debited because you are going to claim set off of S. Tax. otherwise total amount will debited to Purchase Account)

Question { 6031 }

how to pass advance excise duty entry in tally erp9.2

Answer

I think we are not paying Excise Duty in advance. Now Excise Duty liability can pay in the next month, before 5th and before 31st march in case of March months clearing. However the excess excise duty paid in PLA. The PLA A/c. should shown in the group of Current Assets. (and same to Cenvat Credit A/c.)
when you want to utilised the advance or excess balance, Debit to Excise Duty Payable A/c and credit to PLA A/c.