Gst on discount
This query is : Open
bikash rai
(Querist)
27 October 2017
Dear Sir/Madam
I have received Credit Note for Cash DISCOUNT against a scheme. In this case do have I to reverse ITC against that particular bill?
Plz reply
Thanking you
Bikash Rai
I have received Credit Note for Cash DISCOUNT against a scheme. In this case do have I to reverse ITC against that particular bill?
Plz reply
Thanking you
Bikash Rai
27 October 2017
The Credit note include GST then you ll be reverse the GST..
It's only Cash discount then no need...
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bikash rai
(Querist)
27 October 2017
Credit Note Inc GST is shown in GSTR2A.
27 October 2017
Yes...
If it's including GST then it's your liability or Less your purchase bill ITC from the supplier...
bikash rai
(Querist)
27 October 2017
Thanks Sir
Happy Chhat Puja
Happy Chhat Puja
27 October 2017
You are most welcome Dear...
👍👍👍👍👍👍👍👍👍👍
I reached my one day limit of likes. So, I give smiley like..
Message likes :
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