If we purchase goods from wholesalers for retails businesses, and the party gives us discount on the bill.
Should we accept net bill or pay GST on complete bill and then ask for cheque/credit note.
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Billing issues with wholesalers
Replies (4)
you should accept net bill
and gst will be paid on net amount if discount is mentioned on bill before calculating such amount
and gst will be paid on net amount if discount is mentioned on bill before calculating such amount
you should accept net bill
and gst will be paid on net amount if discount is mentioned on bill before calculating such amount
and gst will be paid on net amount if discount is mentioned on bill before calculating such amount
yah cleared the same with my CA... thanks for ur reply!
Ok accepted
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