Entry in Tally for UPI

This query is : Resolved 

Quick Summary
GST on sale of a used vehicle by a scrap dealer must be charged on full value, not margin, if ITC is claimed on RCM purchase. Margin scheme under Rule 32(5) is not allowed when ITC is availed.

13 April 2022 Sir,

Please tell me the entry in tally for payment through GOOGLE PAY(upi).
Purchase petrol for RS 500 through UPI. how the entry will be.
Please guide.

13 April 2022 Petrol expenses Dr
To bank account UPI cr

13 April 2022 Sir,
I made mistake to plot the question
Actually i am the seller of petrol, and customer paid Rs 500 through UPI.
Then in that case how will be the entry.

13 April 2022 Bank account UPI receipt Dr
To Petrol sale cr

13 April 2022 Sir,
Is this the receipt entry. As becoz money enter in bank account.

14 April 2022 Yes it's.................


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