GST on e-commerce

Hi

Company C is receiving orders from it's dealers through an online portal. Then asks it's  nearest distributor to service the order. The dealer makes online payment at the portal to the company. The distributor raises invoice in name of dealer.

C adjusts the amount received against it's other dues receivable from distributor. 

Q- how will the dealer show the transaction in his books of account ?

Replies (1)
Can you tell me from whom you got the bill from the dealer or e-commerce service provider?

If you have received a bill from the dealer, you must pass the adjustment entry via a journal entry.

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