02 March 2021
Goods were sold to customer by the firm at different rates for different customers. The invoice was issued without mentioning any discount. The taxable value of goods was directly mentioned on invoice.
a. Whether the GST dept. can impose any penalty that why different prices were charged from different buyers?
b. To one of our related party, we have done billing at 50% of the price charged from other customers. Whether this is allowed? The related party has further sold the goods to its customers.
CAclubindia
