8.1: Regular Purchase with GST

  • Purchase voucher with GST
  • Input tax credit claiming
  • Expense purchases vs. stock purchases
  • Import purchases and IGST

Lesson 8.2: Reverse Charge Purchases

  • Understanding reverse charge mechanism
  • Purchases from unregistered vendors
  • Import of services
  • Reverse charge voucher creation

Lesson 8.3: Purchase Returns and ITC Reversal

  • Debit note creation
  • ITC reversal procedures
  • Blocked credit scenarios
  • ITC matching and reconciliation
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