Whether gst

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Querist : Anonymous

Querist : Anonymous (Querist)

09 July 2017 whether GST will be charged after discount amount.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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09 July 2017 GST to be charged at value after discount....

CA Ashish Garg

CA Ashish Garg (Expert)
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09 July 2017 If discount is given in the invoice itself then on the net value. However if discount is given after the supply of goods, then the adjustment on account of discount can be made only if such discount is according to the terms of agreement entered on or before the supply and linked to relevant invoice. Further the recipient shall also reduce the input tax credit attributable to discount