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How to record sales of shopkeeper
I want to know how the GST invoices are issued in case of Kiryana stores as they focus on cash sales and they don't have time to issue invoice. Also they deal in variety of products having different tax rates.
Replies (2)
Quick Summary
Hi.. Assuming that the Shopkeeper in question maintains a purchase file (keeps his purchase bills on record), you can draw his sales accounts by adding appropriate margin to the products sold by him.
Thanks Mr. kamath.
I can add appropriate margin but then what about rate of gst as it will differ + he
I can add appropriate margin but then what about rate of gst as it will differ + he
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