sale invoice me jo discount customer ko diya jata h us pr koi tax to nhi lagta ??
exp: invoice amount Rs. 100, Discount Rs.40/-
Total Rs.60/-
output gst Rs.10.8
net Total Rs 70.8/-
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DISCOUNT INVOICE
Replies (6)
yes correct , value of supply shall. not. include any discount .
mean discount amount Rs 40/- pr gst nhi lgega??
Only Before or at time of supply if such discount has been duly recorded in the Invoice issued in respect of such supply .
Yes no need pay gst on discount
Haan ji As per Section 15, agar app discount Invoice per Show karte ho toh ush per GST nahi lagega
If the discount is pre determined & shown in invoice then GST would not be applicable on discount portion.
As per section 15(1) the value of goods or supply shall be the transaction value which is the " Price actually paid or payable" will constitute Consideration for the purpose of GST.
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