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Discount bill Gst

jaheer hussain (577 Points)

17 January 2019

what is the procedure while sale on discount with GST.?

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3 Replies

prasad Nilugal (3914 Points)
Replied 17 January 2019

you have to exclud discount from value of supply as per section 15 of CGST act 2017

value of supply. - 100

Discount - 20

---------------------------
80

you have charge GST on 80/- Rs .

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Yasin Ahmed (21 Points)
Replied 17 January 2019

if freight came means what..?

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Vinod Babu (24191 Points)
Replied 18 January 2019

GST should be charged on the total value of supply. If the freight charge is included, then GST on freight charges has to be levied at the same rate of tax charged on supply.