Gst on discount
This query is : Resolved
15 November 2017
Hi,
Our company purchase car in the month of Oct'2017, here dealer offer a discount in the perform of Rs. 38000/- but in invoice he show Rs. 29,687.50, dealer saying that "we deducted GST @28% from your Discount figure. and he is not showing Rs.8,312.50 in Invoice.
I want to know that the dealer can deduct the GST in discount, if yes then he has to show in Invoice.
Thanks in Advance
Our company purchase car in the month of Oct'2017, here dealer offer a discount in the perform of Rs. 38000/- but in invoice he show Rs. 29,687.50, dealer saying that "we deducted GST @28% from your Discount figure. and he is not showing Rs.8,312.50 in Invoice.
I want to know that the dealer can deduct the GST in discount, if yes then he has to show in Invoice.
Thanks in Advance
15 November 2017
If discount is deducted from the price GST gets reduced. No need show GST reduction in the invoice. Dealer is doing the right thing.
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