GST ON DISCOUNT
This query is : Open
Rajkumar Gutti
(Querist)
04 November 2019
WE ARE RECEIVING CASH DISCOUNT ON TURNOVER / PURCHASES BASIS.
PARTY ( SELLER ) SEND US CREDIT NOTE FOR DISCOUNT. WE ADJUST THIS
CREDIT NOTE AMOUNT WHILE PAYING OUR PURCHASE AMOUNT.
CAN WE ARE LABIAL TO PAY GST ON CASH DISCOUNT / CREDIT NOTE AMT.
PARTY ( SELLER ) SEND US CREDIT NOTE FOR DISCOUNT. WE ADJUST THIS
CREDIT NOTE AMOUNT WHILE PAYING OUR PURCHASE AMOUNT.
CAN WE ARE LABIAL TO PAY GST ON CASH DISCOUNT / CREDIT NOTE AMT.
04 November 2019
No... If the Debit note / Discount slip not shown any Gst amount...
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