GST on credit note for Target based discount
for ex. if supplier agrees to give an additional discount of 4% if the customer purchases 100000/- from him in a month in form of credit note. should GST be applied on this discount amount. Also whether TDS is also applicable
Just for my clear understanding, Supplier has provided scheme letter related to month target and additional discount mentioning in first week of the month. does this comes under the staement "additional discount was not in agreement before delivery of goods".
Also, could you please give me a reference supporting my query. This would be a great help
Can you share the agreement/PO and the scheme letter on email@example.com