TaxTMI 
TaxTMI 
Sir,
Whether incentives received on supply of exempt goods is taxable to GST ie. retail outlet of petrol and diesel.
gst on incentives
21 Oct 2019 
8 Replies 
13520 Views Asked by
GST on incentives: incentives tied to sales of excluded petroleum products are not subject to GST and reported as non GST supplies.
Petrol and diesel supplies are outside the GST net; incentives tied to sales of those excluded petroleum products are payments related to a non GST principal supply and are therefore not taxable under GST. Such incentives do not constitute a separate taxable supply and should be reported in GST returns under the non GST supply column. (AI Summary)
Petrol and diesel supplies are outside the GST net; incentives tied to sales of those excluded petroleum products are payments related to a non GST principal supply and are therefore not taxable under GST. Such incentives do not constitute a separate taxable supply and should be reported in GST returns under the non GST supply column. (AI Summary)