Proper Payment - Discount - GST Impact

Fareed (Accountant) (70 Points)

17 November 2021  

Dear Expert,

X Pvt Ltd purchasing raw materiel from Z Pvt Ltd.

Z Pvt Ltd company offer If X Pvt Ltd company made payment on 30 days will discount 1% on value of goods.

that discounted portion Availed ITC will reverse in GST return?

Please clarify

Thanks & Regards

Fareed