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DISCOUNT UNDER GST

GST CENTRE (87 Points)

11 December 2019  

Dear Experts,

Discount received from supplier with out GST, Which has been reported as "other income" in Annual Financial Statement. 

Where to report the same in GSTR 9 and GSTR 9C?  


 3 Replies

RAJA P M ("Do the Right Thing...!!!")   (115465 Points)
Replied 12 December 2019

What is the reason of Discount?

Pankaj Rawat (GST Practitioner) (51638 Points)
Replied 13 December 2019

No need to report in GSTR 9 but can be declared in table 5(J) of GSTR 9C

GST CENTRE (87 Points)
Replied 13 December 2019

Supplier simply mentioned in the invoice as discount after adding the GST. It may be trade discount..

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