Dear Experts,
X Pvt Ltd Purchase of Raw Materials from Y Pvt Ltd.
Y Pvt Ltd company offer a discount, if X Pvt Ltd company process the payment for raw material on 30 days, will give discounts 1% on basic value of goods.
I like to know that, that discount portion GST should reverse in return...?
Please share implication in view of GST
Thanks & Regards
Fareed
XYZ PVT LTD (GST Registered Company)
Read more at: https://www.caclubindia.com/experts/browse.asp?mode=resolved
Read more at: https://www.caclubindia.com/experts/browse.asp?mode=resolved
XYZ PVT LTD (GST Registered Company)
Read more at: https://www.caclubindia.com/experts/browse.asp?mode=resolved
Read more at: https://www.caclubindia.com/experts/browse.asp?mode=resolved
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