TMI Blogdiscounts in gstX X X X Extracts X X X X 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 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 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 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 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 X X X X Extracts X X X X
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