Accounting of GST Explained | Goods and Service Tax Class 11 Accountancy | CGST, SGST & IGST Entries

📘 Learn Accounting of GST – Meaning, Objectives, Types & Accounting Entries explained! Perfect for CBSE Class 11 Accountancy students.

In this video, we explain Goods and Service Tax (GST) and its accounting treatment as per the Class 11 CBSE Accountancy syllabus. This topic introduces students to the basics of GST — India’s unified tax system — and how it affects business transactions and journal entries.

👉 Topics Covered in this video:
1️⃣ Meaning of Goods and Service Tax (GST)
2️⃣ Objectives of GST
3️⃣ Characteristics of GST
4️⃣ Categories of GST – CGST, SGST & IGST
5️⃣ What is Intra-state Supply (Sale)
6️⃣ What is Inter-state Supply (Sale)
7️⃣ Levy (Charging) of Goods and Service Tax
8️⃣ Accounting Entries for GST in business transactions

This lesson will help you:
✔ Understand the concept and structure of GST in India
✔ Differentiate between Intra-state and Inter-state sales
✔ Learn how to record GST-related transactions in the books of accounts
✔ Build a solid base for advanced GST topics in higher classes
✔ Prepare effectively for CBSE Class 11 Accountancy exams

✨ Ideal for Class 11 Commerce students who want clarity on GST and its practical accounting applications.

📂 Watch the full playlist: Accounting for Class 11 (CBSE)
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