Understanding GST: Reversal, Payable Setoff, and Reverse Charge Mechanism

Understanding GST: Reversal, Payable Setoff, and Reverse Charge Mechanism

Assessment

Interactive Video

Business

10th Grade - University

Hard

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FREE Resource

The video tutorial covers GST calculations, including intrastate and interstate transactions, journal entries, and GST reversal scenarios. It explains how to calculate GST payable using input tax credit and discusses the reverse charge mechanism, highlighting its application in transactions with unregistered dealers and ecommerce operators.

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1 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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