Purchase : At the time of purchase no way for claim ITC. So, Total purchase bill value enter in purchase account... Dr. Purchase A/c - XXX Cr. Supplier A/c - XXX...
Sales At the time of Sales no way for charge GST in the BOS. As per BOS Dr. Customers A/c - XXX Cr. Sales A/c - XXX...
Tax Paid : As per GST composition dealer will be pay Tax @ 1% (CGST @ 0.5% & SGST @ 0.5%). Both head will be prepare under Expense head...
Dr. CGST @ 0.5% - XXX Dr. SGST @ 0.5% - XXX Cr. Bank A/c - XXXX.....