Concept of discount
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2017
whether concept of discount under GST has been Eliminated and GST rate shall be apply on MRP basis.
Devansh Jain
(Expert)
22 June 2017
discount shall be deducted from the value if there is explicit contract for the discount being given. This means even after adhoc/cash discount on MRP, gst will be paid on mrp value only..
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