DISCOUNT IN INVOICE

You should always charge GST on net bill value.

As per section 15(3) (a)  of the CGST act  2017  value  of supply  shall  not  include  any Discount  which is given before  or at  the time of such  supply . 

   100000/-  Value

-    10000/-  Discount 

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on  90000/-  GST  @ 18%  =  16200/- 

please  confirm with others also . 

 

Supplier is wrong but if he has paid 18000 gst and it is reflecting is 2A what is wrong in availing It

GST to be discharged on Net Invoice value after Deducting relevant discounts. Thereby you can request the supplier to amend the invoice. If he is not agreeing to the same then you must avail the credit of ITC upto Rs 16,200/- only. Accounting must be done as per invoice received from the supplier, however, for GST computation ITC to be availed shall be Rs 16,200/-. You will have to keep a reconciliation showing ITC available as per GSTR2A Rs 18,000/- & ITC availed Rs 16,200/- , this shall be useful in future for GST Audits and filing of Annual Returns