Question

Record the following transaction in the Purchases Book of Modern Furniture House, New Delhi assuming CGST @ 6% and SGST @ 6% and post it into Ledger:

2017
Nov. 3	Purchased goods from Sachdeva Furniture Store, New Delhi :
	50 Chairs @ ₹ 2,000 each
	5 Tables @ ₹ 10,000 each
	Less: 10% Trade Discount
10	Purchased furniture from Mahadeva & Co., Jaipur (Rajasthan) valued ₹ 2,00,000, less $12\frac{1}{2}$% Trade Discount.
18	Purchased furniture from Fashion Furniture House, Chandigarh of the list price of ₹ 2,50,000, less 15%.
20	Purchased from India Furniture House, New Delhi :
	100 Chairs @ ₹ 1,800 each
25	Purchased from Mohan Lal & Sons furniture of the value of ₹ 20,000 for cash.

Answer 1

Purchases Book of Modern Furniture House, New Delhi
Date	Particulars		L.F.	Details (₹)	Purchases (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total Amount (₹)
2017
Nov. 03	Sachdeva Furniture Store, New Delhi
	50 Chairs @ Rs 2,000 each			1,00,000
	05 Tables @ Rs 10,000 each			50,000
				1,50,000
	Less: 10% Trade Discount			15,000
				1,35,000
	Add: 12% IGST			16,200
				1,51,200	1,35,000	-	-	16,200	1,51,200
Nov. 10	Mahadeva & Co.,Jaipur (Rajasthan)			2,00,000
	Less: $12\frac{1}{2}\%$ Trade Discount			25,000
				1,75,000
	Add: 6% CGST			10,500
	6% SGST			10,500
				1,96,000	1,75,000	10,500	10,500	-	1,96,000
Nov. 18	Fashion Furniture House, Chandigarh (Punjab)			2,50,000
	Less: 15% Discount			37,500
				2,12,500
	Add: 6% CGST			12,750
	6% SGST			12,750
				2,38,000	2,12,500	12,750	12,750	-	2,38,000
Nov. 20	India Furniture House, New Delhi
	100 Chairs @ 1,800 each			1,80,000
	Add: 12% IGST			21,600
				2,01,600	1,80,000	-	-	21,600	2,01,600
Nov. 30	Purchases A/c	Dr.			7,02,500	23,250	23,250	37,800	7,86,800

Purchases Account
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
2017
Nov. 30		Sundries as per Purchases Book		7,02,500

Sachdeva Furniture Store Account
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
					2017
					Nov. 03	Purchases A/c		1,35,000
					Nov. 03	Input IGST A/c		16,200

Mahadeva & Co. Account
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
					2017
					Nov. 10	Purchases A/c		1,75,000
					Nov. 10	Input CGST A/c		10,500
					Nov. 10	Input SGST A/c		10,500

Fashion Furniture House Account
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
					2017
					Nov. 18	Purchases A/c		2,12,500
					Nov. 18	Input CGST A/c		12,750
					Nov. 18	Input SGST A/c		12,750

India Furniture House Account
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
					2017
					Nov. 20	Purchases A/c		1,80,000
					Nov. 20	Input IGST A/c		21,600

Note: Transaction on Nov. 25 will not be recorded in the Purchases Book as it is a cash transaction.
(2) Input CGST, Input SGST and Input IGST according to text book are Rs.18,900, 18,900 and Rs.46,500 respectively while as per our calculation Input CGST, Input SGST and Input IGST are Rs.23,250, 2,250 and Rs.37,800 respectively