banner_ad

Post sale discount under GST

787 views 1 replies
what about the taxability of discount received after sale which is agreed upon by seller and buyer before sale. for example, scheme discount, target discount or incentive for selling a certain quantity of product. is it taxable or exempt u/s 15(3)?? if it is not taxable then is there any ruling regarding this to save the taxpayer??
Replies (1)

If the discount is considered a price adjustment, it may not be taxable. For example, if the seller and buyer agreed on a lower price for the goods or services due to a defect or other issue with the product, the discount may not be considered taxable income for the seller.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details