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Short Answer Question
Q. 1 What is GST?
Answer: Goods and services tax (GST) is a tax imposed indirectly on the goods and services supply.
Q.2 Name the two central taxes that have merged into GST.
Answer: The two central taxes that have merged into GST are excise duty and customs duty.
Q. 3 Name the two-state taxes that have merged into GST.
Answer: The two-state taxes that have merged into GST are purchase tax and VAT.
Q.4 Give two advantages of GST.
Answer: The two advantages of GST are a) decreases the cost of goods and b) reduces tax invasion.
Q.5 What is the full form of CGST?
Answer: The full form of CGST is Central Goods and Services Tax.
Q.6 What is the full form of SGST?
Answer: The full form of SGST is State Goods and Services Tax.
Q.7 What is the full form of IGST?
Answer: The full form of IGST is Integrated Goods and Services Tax.
Q.8 What is CGST?
Answer: CGST is a tax imposed on supplies of goods and services within the state-imposed by the central
government and administered by the CGST Act.
Q.9 What is IGST?
Answer: IGST is a tax imposed on all Inter-state supplies of both import and export of goods and services and is
supervised by the IGST Act.

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Practical Question
Q.1 Pass entries in the books of Mukherjee & Sons. assuming all transactions have taken place within the
state of Uttar Pradesh. Assume CGST @9% and SGST @ 9%.
2018 Particulars
March 01
04
15
18
25
31
Bought goods for ? 5,00,000 from Mehta Bros.
Goods sold for ? 8,00,000 to Munjal & Co.
Paid for advertisement ? 40,000 by cheque.
Bought furniture for office use ? 50,000 and payment made by cheque.
Paid for printing and stationery ? 8,000.
Payment of the balance amount of GST.

The solution for this question is as follows:

Date
2018
Particulars L.F Debit (?) Credit (?)
March 01 Purchases A/c
Input CGST A/c
Input SGST A/c
Dr.
Dr.
Dr.
5,00,000
45,000
45,000

To Mehta Bros. A/c
(Bought goods from Mehta bros.)
Dr.

5,90,000
04 Munjal & Co. A/c . 9,44,000

To Sales A/c
To Output CGST A/c
To Output SGST A/c
(Goods sold to Munjal & Co.)

8,00,000
72,000
72,000
15 Advertisement A/c
Input CGST A/c
Input SGST A/
Dr.
Dr.
Dr.
40,000
3,600
3,600

To Bank A/c

47,200
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The solution for this question is as follows:

Date
2018
Particulars L.F Debit (?) Credit (?)
March 01 Purchases A/c
Input CGST A/c
Input SGST A/c
Dr.
Dr.
Dr.
5,00,000
45,000
45,000

To Mehta Bros. A/c
(Bought goods from Mehta bros.)
Dr.

5,90,000
04 Munjal & Co. A/c . 9,44,000

To Sales A/c
To Output CGST A/c
To Output SGST A/c
(Goods sold to Munjal & Co.)

8,00,000
72,000
72,000
15 Advertisement A/c
Input CGST A/c
Input SGST A/
Dr.
Dr.
Dr.
40,000
3,600
3,600

To Bank A/c

47,200

(Advertisement payment)
18 Furniture A/c
Input CGST A/c
Input SGST A/c
Dr.
Dr.
Dr.
50,000
4,500
4,500

To Bank A/c
(Bought furniture for office)

59,000
25 Printing & Stationery A/c
Input CGST A/c
Input SGST A/c

8,000
720
720

To Cash A/c
Stationery and printing payment)

9,440
31 Output CGST A/c
Output SGST A/c

53,820
53,820

To Input CGST A/c
To Input SGST A/c
(Availed Input tax credit)

53,820
53,820
31 Output CGST A/c
Output CGST A/c

18,180
18,180

To Bank A/c
(Payment of balance tax to government)

36,360

17,93,640 17,93,640

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The solution for this question is as follows:

Date
2018
Particulars L.F Debit (?) Credit (?)
March 01 Purchases A/c
Input CGST A/c
Input SGST A/c
Dr.
Dr.
Dr.
5,00,000
45,000
45,000

To Mehta Bros. A/c
(Bought goods from Mehta bros.)
Dr.

5,90,000
04 Munjal & Co. A/c . 9,44,000

To Sales A/c
To Output CGST A/c
To Output SGST A/c
(Goods sold to Munjal & Co.)

8,00,000
72,000
72,000
15 Advertisement A/c
Input CGST A/c
Input SGST A/
Dr.
Dr.
Dr.
40,000
3,600
3,600

To Bank A/c

47,200

(Advertisement payment)
18 Furniture A/c
Input CGST A/c
Input SGST A/c
Dr.
Dr.
Dr.
50,000
4,500
4,500

To Bank A/c
(Bought furniture for office)

59,000
25 Printing & Stationery A/c
Input CGST A/c
Input SGST A/c

8,000
720
720

To Cash A/c
Stationery and printing payment)

9,440
31 Output CGST A/c
Output SGST A/c

53,820
53,820

To Input CGST A/c
To Input SGST A/c
(Availed Input tax credit)

53,820
53,820
31 Output CGST A/c
Output CGST A/c

18,180
18,180

To Bank A/c
(Payment of balance tax to government)

36,360

17,93,640 17,93,640

Q.2 Pass entries in the books of Devdhar & Bros. Odisha, assuming all transactions have been entered
within the state, charging CGST and SGST @ 9% each.
2018 Particulars
March 04
07
10
12
20
25
26
31
Purchased goods for ? 5,00,000 from Sunil Bros.
Goods returned to Sunil Bros. for ? 20,000.
Sold goods to Mehta & Co. for ? 8,00,000.
Goods returned by Mehta & Co. for ? 30,000.
Goods withdrawn by Proprietor for personal use ? 10,000.
Goods distributed as free samples ? 5,000.
Paid advertisement expenses by cheque ?20,000.
Payment made of balance amount.

The solution for this question is as follows:

Date
2018
Particulars L.F Debit (?) Credit (?)
March 04 Purchases A/c
Input CGST A/c
Input SGST A/c
Dr.
Dr.
Dr.
5,00,000
45,000
45,000

To Sunil Bros. A/c
(Bought from Sunil Bros.)

5,90,000
07 Sunil Bros. A/c Dr. 23,600

To Purchases Return A/c
To Input CGST A/c
To Input SGST A/c
(Returned goods to Sunil Bros.)

20,000
1,800
1,800
10 Mehta& Co. A/c Dr. 9,44,000

To Sales A/c
To Output CGST A/c

8,00,000
72,000
72,000
Page 5

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The solution for this question is as follows:

Date
2018
Particulars L.F Debit (?) Credit (?)
March 01 Purchases A/c
Input CGST A/c
Input SGST A/c
Dr.
Dr.
Dr.
5,00,000
45,000
45,000

To Mehta Bros. A/c
(Bought goods from Mehta bros.)
Dr.

5,90,000
04 Munjal & Co. A/c . 9,44,000

To Sales A/c
To Output CGST A/c
To Output SGST A/c
(Goods sold to Munjal & Co.)

8,00,000
72,000
72,000
15 Advertisement A/c
Input CGST A/c
Input SGST A/
Dr.
Dr.
Dr.
40,000
3,600
3,600

To Bank A/c

47,200

(Advertisement payment)
18 Furniture A/c
Input CGST A/c
Input SGST A/c
Dr.
Dr.
Dr.
50,000
4,500
4,500

To Bank A/c
(Bought furniture for office)

59,000
25 Printing & Stationery A/c
Input CGST A/c
Input SGST A/c

8,000
720
720

To Cash A/c
Stationery and printing payment)

9,440
31 Output CGST A/c
Output SGST A/c

53,820
53,820

To Input CGST A/c
To Input SGST A/c
(Availed Input tax credit)

53,820
53,820
31 Output CGST A/c
Output CGST A/c

18,180
18,180

To Bank A/c
(Payment of balance tax to government)

36,360

17,93,640 17,93,640

The solution for this question is as follows:

Date
2018
Particulars L.F Debit (?) Credit (?)
March 04 Purchases A/c
Input CGST A/c
Input SGST A/c
Dr.
Dr.
Dr.
5,00,000
45,000
45,000

To Sunil Bros. A/c
(Bought from Sunil Bros.)

5,90,000
07 Sunil Bros. A/c Dr. 23,600

To Purchases Return A/c
To Input CGST A/c
To Input SGST A/c
(Returned goods to Sunil Bros.)

20,000
1,800
1,800
10 Mehta& Co. A/c Dr. 9,44,000

To Sales A/c
To Output CGST A/c

8,00,000
72,000
72,000

To Output SGST A/c
(Goods sold to Mehta& Co.)
12 Sales Return A/c
Output CGST A/c
Output SGST A/c
Dr.
Dr.
Dr.
30,000
2,700
2,700

To Mehta & Co. A/c
(Returned goods by Mehta & Co.)

35,400
20 Drawings A/c Dr. 11,800

To Purchases Return A/c
To Input CGST A/c
To Input SGST A/c
(Withdrawn goods for personal use)

10,000
900
900
25 Free Samples A/c Dr. 5,900

To Purchases Return A/c
To Input CGST A/c
To Input SGST A/c
(Distributed goods as free samples)

5,000
450
450
26 Advertisement A/c
To Input CGST A/c
To Input SGST A/c
Dr.
Dr.
Dr.
20,000
1,800
1,800

To Bank A/c
(Advertisement payment)

23,600
31 Output CGST A/c
Output SGST A/c
Dr.
Dr.
43,650
43,650

To Input CGST A/c
To Input SGST A/c
(Availed Input tax credit)

43,650
43,650
31 Output CGST A/c Dr. 25,650

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