Concept of discount


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 June 2017 whether concept of discount under GST has been Eliminated and GST rate shall be apply on MRP basis.

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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