banner_ad

GST on cash discount

684 views 3 replies
User Avatar

34 Points Posted on 16 September 2023
If any company supply goods to us on B2B invoice for further sale and later on gives us credit note for cash discount. Can they charge GST on it and on what rate.
Reply Share Follow
On 16 September 2023 at 13:27 Report
Replies (3)
User Avatar

Account
408 Points Posted on 16 September 2023

No, there is no GST will be charged on Credit Note for cash discount.

 

Reply
On 16 September 2023 at 17:43
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 16 September 2023
Yes I agreed...

GST not applicable for the cash discount...
463 Reply
On 16 September 2023 at 23:33
User Avatar

Profession Business
28198 Points Posted on 19 September 2023
Please mention the nature of the product.
HSN code and rare has to be ascertained.
44 Reply
On 19 September 2023 at 10:58


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details