Service tax on rebate & discount received from suppliers
Guest
I want to know whether service tax will be attracted on rebate & discount received (shown under the head other income in books) from the suppliers of goods; however no tds has been deducted by the suppliers on rebate and discount given.
Guest
Do you have any supporting for the same.
Guest
But my question is regarding discount other than trade discount.
Guest
We are engaged in manufacturing and trading of goods and get rebate & discount from suppliers.
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