GST Taxble Value in case of Discount
This query is : Resolved
22 January 2022
Respected Expert
Please provide guidance
An item having Cost Rs. 2800 and a 25% discount Rs. 700 which is shown on the face of Invoice
What should I take as its Taxable Value to calculate CGST & SGST
Thanks & Regards
Please provide guidance
An item having Cost Rs. 2800 and a 25% discount Rs. 700 which is shown on the face of Invoice
What should I take as its Taxable Value to calculate CGST & SGST
Thanks & Regards
22 January 2022
Taxable value for GST will be Rs. 2100/-
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