Pricing Login

Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes

Income Tax Bill, 2025 TaxTMI TMI - e-Newsletter TaxTMI Third-Party Information Now Exempt from Trading... TaxTMI GST Registration Cannot Be Retrospectively Canceled... TaxTMI Court Sets Aside Order on Excess Input Tax Credit... TaxTMI Stipend Payments Through Training Program... TaxTMI Fish Finders Not Eligible for 5% Tax Rate as They... TaxTMI Assessment Order Quashed: AO Improperly Consulted... TaxTMI Income Tax Reassessment Invalid When Disputed... TaxTMI Agricultural Land Sale Proceeds: Section 148... TaxTMI Interest on GST, Late Filing Fees Allowed as... TaxTMI Assessment Order Void as Time-Barred Under Section... TaxTMI Penalty Under Section 271D Quashed as Time Limit... TaxTMI Excel Sheet Found at Third Party's Premises Cannot... TaxTMI Wind Operated Electricity Generator Towers... TaxTMI Lithium-ion batteries correctly classified under... TaxTMI Customs Broker's License Revocation Modified:... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Home

Discussions Forum

Home

Forum

Goods and Services Tax - GST

This

A Public Forum.
Acknowledging the Value of Experts.
Contribute Your Wisdom, Shape the Future.
Let Your Experience Guide Others

Submit new Issue / Query My Issues My Replies
A free service.
You may submit an issue for brainstorming also.

← Previous Next →

GST on Volume Discount, Goods and Services Tax - GST

Issue Id: - 119743
Dated: 19-3-2025
By:- ABHILASH PANICKER

GST on Volume Discount

Contents

Hi,

Is Volume discount received on purchase and sales in the form of credit notes.

Does GST Applicable on such transactions. Please advise.

Post Reply

Posts / Replies

Showing Replies 1 to 1 of 1 Records

Page: 1

1 Dated: 19-3-2025
By:- KASTURI SETHI

Pl. elaborate your query. Is such discount prior known to the buyer ? Do you fulfil the conditions of Section 15 (3) of CGST Act ?

Page: 1

Post Reply

← Previous Next →

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

F: GST Notice Issued for 2017-18: Excess Outward Tax in GSTR-1 vs. GSTR-9...

A: Montreal Protocol and Kigali Amendment: Global Effort to Protect Ozone...

A: Kigali Amendment Targets 80-85% Reduction in HFCs by 2047 to Combat Cl...

C: SEBI revises Social Stock Exchange rules, slashes minimum application ...

C: SEBI Circular Mandates Integration with DigiLocker to Reduce Unclaimed...

F: Medical Shop Owner Under Composition Scheme Must Pay 1% GST from Pocke...

F: Clarification sought on GST applicability for volume discounts via cre...

H: Insolvency Professionals Must Disclose Carry Forward Tax Losses in Inf...

H: Indian Rupee and Maldivian Rufiyaa Now Permitted for Bilateral Trade S...

H: Anti-Dumping Duty of $1,732 Per MT Imposed on Chinese Stainless Steel ...

H: Chinese Aluminum Foil Imports Face Provisional Anti-Dumping Duties Ran...

F: Debate on Section 128A GST: Clarifying Benefits for Interest and Penal...

F: VAT/Sales Tax on Payment Certificate Indicates Sale, Not Service; Abat...

F: Guidance Sought for GST Valuation on Leasing Commercial Complex Built ...

F: Validity of Consolidated Order under Section 74 of CGST Act Questioned...

A: Construction Firm's Tax Petition Dismissed as Premature; No Show Cause...

A: Supreme Court Rules on ITC Limits for Construction Costs Under CGST Ac...

A: TNREGINET Platform Simplifies Property Transactions with Online Stamp ...

A: Business Owner Cuts Import Costs by Using AEO, FTWZ, and Concessional ...

A: IT Service Provider Unlocks GST Refunds and SEZ Benefits for Export In...

A: GHG Emissions Drive Climate Change: Mitigation Strategies Include Rene...

A: Chemical Plant Setup in India Requires CTE and CTO for Compliance with...

A: Indian Institute of Legal Metrology Rules, 2011: Advancing Legal Metro...

A: NCGTC Boosts MSME Financing with Credit Guarantee Schemes, Offering Up...

A: Mutual Credit Guarantee Scheme Boosts MSME Loan Access with Up to 85% ...

H: Assignment of Long-Term Leasehold Rights Not Subject to GST Under Sect...

H: GST Proceedings Under Section 73 Not Time-Barred When Completed Before...

H: Taxpayer Wins as Assessment Order Set Aside Due to Improper Service of...

H: Unexplained Cash Credits: Section 68 Requires Full Disclosure of Benef...

H: Assessment Order Challenge Fails: Court Rules Limitation Questions Req...

↑Top