TaxTMI 
TaxTMI 
Trade Discount eligible for exports
27 Mar 2010 
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Trade discount declaration: exporters must disclose discounts at shipment to avoid foreign exchange and incentive complications.
Trade discounts are commercial arrangements between supplier and buyer and are not expressly restricted for exports; they are distinct from commissions. Exporters must declare trade discounts at the time of export because nondisclosure can cause difficulties on foreign exchange realisation and may create issues where export incentives were claimed on undiscounted values, so contemporaneous disclosure is advised. (AI Summary)
Trade discounts are commercial arrangements between supplier and buyer and are not expressly restricted for exports; they are distinct from commissions. Exporters must declare trade discounts at the time of export because nondisclosure can cause difficulties on foreign exchange realisation and may create issues where export incentives were claimed on undiscounted values, so contemporaneous disclosure is advised. (AI Summary)
What is max Trade Discount eligible for exports.