Levy of GST on issuance of credit note as “cash discount” - ...

Case Laws GST

January 22, 2022

Levy of GST on issuance of credit note as “cash discount” - Since the amount received in the form of credit note is actually a discount and not a supply by the applicant to the supplier, no GST is leviable on receiver on cash discount/incentive/schemes offered by the supplier to applicant through credit note against supply without adjustment of GST. - AAR

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Levy of GST on issuance of credit note as “cash discount” - ...

Case Laws GST

January 22, 2022

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