banner_ad

CREDIT NOTE FOR REBATE

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 March 2020 Can we issue a credit note without charging the GST to our customer on account of Rebate on performance Basis.
Profile Image

Gokul Sharma

Profile Image

Gokul Sharma (Expert)
05 March 2020 yes its called cash discount.
Profile Image

ANIL MATHUR

Profile Image

ANIL MATHUR (Querist)
05 March 2020 Thanks Gokul Ji for prompt reply, we are issuing the post sale credit note without GST on the basis on performance of Customer, is it correct or not ?
Profile Image

ANIL MATHUR

Profile Image

ANIL MATHUR (Querist)
05 March 2020 Thanks Gokul Ji for prompt reply, we are issuing the post sale credit note without GST on the basis on performance of Customer, is it correct or not ?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
05 March 2020 Yes it's correct it will be called as financial credit note on which GST not applicable.
Profile Image

ANIL MATHUR

Profile Image

ANIL MATHUR (Querist)
05 March 2020 Sir, Can provide the detail under which section of GST the Financial Credit Note is not taxable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details