Dear Experts
who is liable to pay GST in case of hotel accomodation booking through online aggregator (Make My Trip, Agoda etc)??
hotels ??
Aggregator?
kindly reply with relevant provisions
You don’t have to When you purchase, this gst amount is included into purchase amount in income statement . If it is sales, that gst amount is excluded from sales in income statement and shown as ‘payables’ in the balance sheet.
| Purchase A/c Dr | 1,00,000 | ||
| CGST Input Dr | 8,000 | ||
| SGST Input Dr | 8,000 | ||
|
To Creditors A/c (Being Purchase Entry with GST) |
1,16,000 |
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