GST ON QTY DISCOUNT
GST ON QTY DISCOUNT APPLICABLE OR NOT
Replies (3)
Refer the following two circulars for more clarity:
https://cbic-gst.gov.in/pdf/circular-cgst-92.pdf
https://cbic-gst.gov.in/pdf/circular-cgst-105.pdf
Under the consumer laws the MRP is inclusive of GST, so whenever a discount is offered, it is on MRP, hence it is illegal to charge the GST, on the discounted price.
pl make some examples
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