TaxTMI 
TaxTMI 
If a automobile Dealer Receive Quantity /Target Discount / Secondary Schemes which is purely linked to Sales of Goods from the principal manufacturer , whether it can be treated as taxable service under Negative tax Regime( Post 01.07.12) OR it is to be treated as Trading activity and hence not Taxable being Negative list Item.
Trade & Quantity Discount
25 May 2018 
3 Replies 
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Trade discount treated as trading activity, not a taxable service under the negative list regime post reform.
Quantity/target and secondary discounts linked to sale of goods are trade discounts that reduce transaction value and, being tied to the transfer of title, are treated as trading activity exempt under the negative list service tax regime rather than as a separate taxable service. (AI Summary)
Quantity/target and secondary discounts linked to sale of goods are trade discounts that reduce transaction value and, being tied to the transfer of title, are treated as trading activity exempt under the negative list service tax regime rather than as a separate taxable service. (AI Summary)