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GST on cash discount

Others 754 views 3 replies

Anil Gupta

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.

Replies (3)

Suresh Kumar

Account

408 Points Posted on 16 September 2023

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

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 16 September 2023

Yes I agreed...

GST not applicable for the cash discount...

sabyasachi mukherjee

Profession Business

28207 Points Posted on 19 September 2023

Please mention the nature of the product.
HSN code and rare has to be ascertained.

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