05 August 2020
Dealer gst registered composite scheme trading of jewellery business.dealer sale of jewellery value rs.24,550/- payment received from customer through on debit cards or credit cards mode.but dealer bank current account credit value rs.24,302/-in bank account. doubt: Dealer above transaction sales of jewellery value rs.24,550/- or rs.24,302/- and difference amount treated in books under gst act.
06 August 2020
The sale amount of the dealer will be as per tax invoice i.e.Rs.24,550/-. If the amount is so small you can treat it as bank charges,debit to bank charges account and credit customer.
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