Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

discounts in gst

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... respected sir whether turnover discounts 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... = Yes, you can. First calculate tax on transactional value (assessable value) in full and, thereafter, give/compute discount. In this way, both discounts will be from your pocket. Govt. is concerned .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... with full tax. A problem arises only when 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 view .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s of Sri Kasturi Sir. The charging of GST on credit note is optional. - discounts in gst - Query Started By: - giri gattupalli Dated:- 15-4-2021 Goods and Services Tax - GST - Got 2 Replies - GST - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates