Sales Tax / VAT - allowability of discount provided vide credit ...

Credit Notes Issued Post-Sale Qualify as Trade Discounts u/r 9(a) for VAT/Sales Tax Turnover Deduction.

March 5, 2012

Case Laws VAT and Sales Tax SC

Sales Tax / VAT - allowability of discount provided vide credit notes under rule 9(a) – discount given by means of credit notes issued subsequent to the sale is as much a trade discount admissible to deduction in determining the turnover of a dealer. - SC

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Sales Tax / VAT - allowability of discount provided vide credit ...

Credit Notes Issued Post-Sale Qualify as Trade Discounts u/r 9(a) for VAT/Sales Tax Turnover Deduction.

March 5, 2012

Case Laws VAT and Sales Tax SC

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