we are car dealership purchasing car interstate .receiving claims of incentives and warranty claims after rasing gst invoices and utilising igst for payment.
are we liable to raise the invoices
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Incentive claims and warranty claims in gst
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If you are receiving the incentives the co. should issue you the Credit Note ... Your Input Tax will be reduce
And , if you are raising the Invoice , the output Tax liability will increase ..... i could not get you that how can it is utilised for IGST payment ????
And , if you are raising the Invoice , the output Tax liability will increase ..... i could not get you that how can it is utilised for IGST payment ????
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