What will be general entry for VAT or Sales Tax paid to government in cash for

What will be general entry for VAT or Sales Tax paid to
government in cash for an Financial year?

Question Posted / payal rao

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What will be general entry for VAT or Sales Tax paid to government in cash for an Financial year?..

Answer / nagachandra pattar

There is no need to open Government (Sales Tax Dept)A/c in
your books.
The entry was:
VAT Payble A/c Dr ***
To Cash/Bank A/c ***
(Being Sales Tax paid for xxxmonth-10)

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