Employer Co is buying car for employee and at pre ordering stage, a special discount is offered by car dealer. My reading...since discount is known before ordering stage, net off showroom price to be mentioned in Proforma Invoice and PO.
Kindly guide about GST provision about non inclusion of discount in Invoice.
Thanks
To be compliant and ensure you only pay GST on the actual transaction value, you must record the pre-order discount directly on the face of the final tax invoice.
Fytomax Nutrition Private Limited
Aurangabad
CA Inter
View Details
M N Rao & Associates LLP
Vijayawada
CA Inter
View Details
CCI
Pro
CAclubindia
