Gst for sales promotion

Hi,

One of my friend is doing Pharma - wholesale business.  Their supplier is  giving business incentive of 1.74 lakh based on their offtake for the fiscal 17-18. Usually the supplier  issue a Credit Note to the firm and adjusted the amount in their subsequent purchases (till VAT regeme).  Now in GST is applicable for incentive, they asked a sale invoice from my friend for 1.74 lak + 18% GST.  

Please clarify whether we have to give a sale Invoice / Debit Note for the amount & how it will shown in GST Return and related HSN / SAC Code

 

 

 

 

 

 

Replies (4)

any help friends

one of our client was doing the same and yes we have allowed them to provide invoice with GST and same can be taken in GST return.

 

I am not sure whether this is fair or not but we did this practically.

thank you very much

In GST as per HSN/SAC  996111 need to issue the Service invoice for indirectly promotion of an organisation's products,
thus the same invoice need to fill in GSTR B2B for Registered dealers and B2C for unregistered Dealer.

The Supplier firm will re-imbursed against this service invoices either on monthly or quarterley. 

Thanks.

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