Billing on Discounts?

174 views 3 replies
Sir GST will be applicable after the discount is applied or on the total bill amount?
Suppose we have a bill of 1lakh and after charging 18%GST it is 118000 and we have given discount of rs1000 than GST will be charged on 99,000 or it will be a total bill of 117000?
Replies (3)
You can follow any of the one...
But, GST can't be less after charged in bill. Discount allowed only the Supply's value...

On the after discount amount. Trade discounts are reduced for GST calculation.

Thank you


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register