E-commerce transaction

Hi,

 

We are selling the products from E-bay so while we receive the order customer will pay the money to e-bay .

after 30 days we will receive the payments from e-bay after deducting their commission with GST.

in this senario how to i maintain my books of account..??

If we raise the invoice with E-bay that will be there under the B2B in GSTR-1 which is not correct.

 

Replies (1)
let start from beginning,

1) at the time of purchase of goods

Purchase A/C DR
GST Receivable A/C DR
To Bank

2) At the time of sales of goods

Trade Receivable A/C DR
To Sales
To GST payable

Commission A/C DR
GST receivable A/C DR
To E-commerce co.

3) At the time of collection

Bank A/C DR
E-commerce co. A/C DR
To Trade receivable


4) At the time of payment of GST

GST payable A/C DR
To GST receivable (at the time of sales)
To GST receivable (at the time of commission due)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details