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Level 1

I have made an item with 0%GST and 18% reverse charge. Entered the Bill also. But in GST reports the amount of the reverse charge is not being displayed.

 
2 Comments
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Level 3

I have made an item with 0%GST and 18% reverse charge. Entered the Bill also. But in GST reports the amount of the reverse charge is not being displayed.

Dear Sir,

 

You have to create a product and service for your category, there you can mention the % of reverse charge while creating. Then create a vendor and book the bill item wise and select the tax rate. Once you do this entry would be done for reverse charge and auto set off also would be applied. 

 

screen shots attached for explanation.

 

Let me know if any queries.

 

CA Alok Shah

9326074696

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Level 1

I have made an item with 0%GST and 18% reverse charge. Entered the Bill also. But in GST reports the amount of the reverse charge is not being displayed.

The issue resolved.

 

Thank you for your help.