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Post sale discount and GST
what is the status of GST applicability regarding post sale discount which is reimbursed by say manufacturers to distributors?
Replies (1)
Circular 105/24/2019 GST ,dt 28/6/2019 :
Stating that in such reimbursement by Supplier to Recepient (manufacturer to distributor ), the Recepient is liable Raise Bill for the same to Supplier. BUT ..... this circular was withdrawn/Rescinded by Circular 112/31/2019, dated 3/10/2019.
Hence in this case the Earlier circular 92/11/2019-GST is applicable & Financial Credit Note is to be issued in case of such reimbursement.
Stating that in such reimbursement by Supplier to Recepient (manufacturer to distributor ), the Recepient is liable Raise Bill for the same to Supplier. BUT ..... this circular was withdrawn/Rescinded by Circular 112/31/2019, dated 3/10/2019.
Hence in this case the Earlier circular 92/11/2019-GST is applicable & Financial Credit Note is to be issued in case of such reimbursement.
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