Menu
DISCOUNT ON SALE BILL
GST calculated before discount allowed or after discount allowed in GST sale bill
Replies (3)
Gross Value = 1000
(-) Discount =. 100
Net Value = 900
GST will be calculated on 900
(-) Discount =. 100
Net Value = 900
GST will be calculated on 900
if freight or postage and other charge then will GST charge applicable
freight, postage or any other charges will be treated as discount as in my last reply.
Recent Topic
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
Related Topics
CAclubindia
