Dear All,
One of the registered dealer is into retail sale of liquor in karnataka. All the liquor will be purchased through state govt breweries. On ordering certain quantity of liquor by the dealer, the liquor manufacturing company through their marketing agencies/distributors pay some discount to the dealer. Liquor Company will pay to marketing agencies/distributors then the agencies/distributors will credit the amount to the dealer bank account. No TDS is deducted for any transactions. There is no addition activity carried for this transaction nor there is a supply of goods or service. Is the amount received liable to GST? As the primary product is non gst supply, income derived from it is taxable under GST?