https://www.taxtmi.com/forum/issue?id=1418 CST is payable on the value of sale, which may be reduced by a quantity discount when that discount is a pre condition of the transaction; compute CST on the net price after the discount and document the adjustment by credit notes. If tax was already paid on the higher value, file a revised return or make permitted statutory adjustments to claim the benefit and adjust the tax against subsequent liability. en-us Fri, 14 Aug 2009 09:44:43 +0530 Thu, 23 Jan 2025 15:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1418 CST is payable on the value of sale, which may be reduced by a quantity discount when that discount is a pre condition of the transaction; compute CST on the net price after the discount and document the adjustment by credit notes. If tax was already paid on the higher value, file a revised return or make permitted statutory adjustments to claim the benefit and adjust the tax against subsequent liability. Discussion-Forum VAT / Sales Tax Fri, 14 Aug 2009 09:44:43 +0530 https://www.taxtmi.com/forum/issue?id=1418