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gst on tod discount

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(Querist)
21 September 2017 If an invoice is generated now and relevant output tax is paid on the same and later on if turnover or scheme discount is given and credit note is issued for the same then will impact of gst be there on the credit note means will GST output be reduced. please suggest.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 September 2017 Impact of gst will be there on the credit note means GST output will be reduced.
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Chhatra Singh Dugar

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Chhatra Singh Dugar (Expert)
21 September 2017 Concept of credit / debit note GST regime is made so that proportionate increase or decrease in tax is effected for the return of supplies.
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Chetan Saxena

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Chetan Saxena (Querist)
21 September 2017 if i am distribute silver coins on tod.. then....
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 September 2017 No reduction in GST.
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Chetan Saxena

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Chetan Saxena (Querist)
22 September 2017 thanks seetharaman and chhatra singh...
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