GST Queries

[MAHESH MAIYA]

Sir,

My queries are;

1. Is it Mandatory to reverse the GST on post sale discounts ?. If not, sale consideration do not match.

2. Other state CGST & SGST can also be taken credit ? Company in Karnataka, employee goes to Hotel in Goa, CGST & SGST will be charged in the Bill. Can CGST & SGST of that state can be taken credit in Karnataka if the bills obtained with Kanataka GSTIN ?

3. Service tax under Reverse Charge Mechanism of June 17 was be paid in July 17 on import of services (Royalty). How to take credit of this. There is no provision neither in TRANS01 nor in anywhere.

4. Whether re-imbursements made by the company to our authorised distributor attracts GST ?

I shall be greatful to you, if you any one can clear all my above queries.

Mahesh Maiya. P

9448680200

AI Summary

Clarification on GST post-sale discounts, interstate credit claims, and RCM for imported services; reimbursement query pending. A user inquired about various GST-related issues, including the reversal of GST on post-sale discounts, the eligibility to claim credit for CGST and SGST from another state, the procedure for claiming service tax credit under the Reverse Charge Mechanism for imported services, and whether reimbursements to an authorized distributor attract GST. A respondent clarified that GST on post-sale discounts should be reversed through credit notes, CGST and SGST from other states cannot be claimed in the registered state, and advised paying the June RCM in June itself. The respondent promised to check and revert on the reimbursement query.