discounts in gst

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....iscounts in gst<br> Query (Issue) Started By: - giri gattupalli Dated:- 15-4-2021 Last Reply Date:- 25-4-2021 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>respected sir whether turnover di....

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....scounts and cash discouts can be issued to aretailer by whole saler with out effecting gst or not pleases discuss thanking you Reply By KASTURI SETHI: The Reply: Yes, you can. First calculate tax o....

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....n transactional value (assessable value) in full and, thereafter, give/compute discount. In this way, both discounts will be from your pocket. Govt. is concerned with full tax. A problem arises only w....

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....hen you reduce the taxable value of outward supply by way of discount from transactional value. Reply By Ganeshan Kalyani: The Reply: I agree with the views of Sri Kasturi Sir. The charging of GST ....

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....on credit note is optional.<br> Discussion Forum - Knowledge Sharing ....