GST on Volume Discount

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..... GST on Volume Discount
Query (Issue) Started By: - ABHILASH PANICKER Dated:- 19-3-2025 Last Reply Date:- 20-3-2025 Goods and Services Tax - GST
Got 2 Replies
GST
Hi, Is Volume discount r .....

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..... eceived on purchase and sales in the form of credit notes. Does GST Applicable on such transactions. Please advise. Reply By KASTURI SETHI: The Reply: Pl. elaborate your query. Is such  discou .....

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..... nt prior known to the buyer ?  Do you fulfil the conditions of Section 15 (3) of  CGST Act ?  Reply By Ganeshan Kalyani: The Reply: I agree with Sri Kasturi Sir, you need to explain u .....

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..... s whether the discount on achieving volume of sale was already decided or determined to be given to your customer. Secondly, volume discount on your purchase lies upon your seller. 
Discussio .....

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..... n Forum - Knowledge Sharing .....

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