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Hi Everyone,
We purchased the Goods from other state, and I am liable
for Entry Tax, my entry Tax is deposited in bank before
15th of every month. Now my questtion is : I purchase the
Packing Items from other state but I return the same to
suplier should it require entry tax deposit or not for this
items. please explain
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Answer Posted / reddy
1. Addvane TAX PAYBLE A/C Dr xxx
TO BANK A/C xxx
(BEEING TAX PAID ON PURCHASE ITEMS IN OTHER STATE)
2 BANK A/C Dr XXX
TO Advance tax paybles A/c XXX
(beaning resived from advance paybles)
| Is This Answer Correct ? | 2 Yes | 3 No |
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