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      How to Pass GST Challan Payment Entry in Shipmnts?

      The GST payment challan also known as GST PMT-06 is a single challan that taxpayers can use to make a variety of GST-related payments such as payment of tax dues, penalties, fees, interest, etc.  Let us understand this by taking an example.

       

      Output
      IGST CGST SGST Sum Total Amount
      68,057.25 290,338.95 290,338.95 Add (+) 6,48,735.15
      Input
        74,459.23 74,459.23 Less (-) 1,48,918.46
      GST RCM
        2,175.63 2,175.63 Add (+) 4,351.26
      GST Payable
      68,057.00 218,055.00 218,055.00 Total  5,04,167
      Interest
      537.00 1,721.00 1,721.00   3,979
      Total GST Payment
      		 5,08,146

      Follow the Below steps to pass the entry:

      1. Go to Cash & Bank Management
      2. Click on "New other expenses and payments" (Refer to screenshot 1)
      3. Select Posting date on which GST challan payment is made (Refer to screenshot 2)
      4. Start adding the accounts and amounts (Refer to screenshot 2)
      5. Add GST challan details (Refer to screenshot 3)
      6. Save and Submit the entry

      Select the Bank account from which GST payment is done
      Screenshot 1
      1

      Screenshot 2

      Screenshot 3