dear respected Sir/Madam, i am seller in flipkart portal. and flipkart company gave me Cash back report. please suggest me how to show cash back report in GSTR 1.
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Quick Summary
This discussion addresses how Flipkart sellers can report cashback received from the platform in their GSTR 1 filing. The consensus is that cashback should be treated similarly to discounts. Therefore, sellers should account for it as a reduction in the value of their outward supplies, aligning with the treatment of other discounts received.