treatment of tax invoice



we received cement bill

av. 100000
cgst. 14000
sgst. 14000
discount (10000)

total bill. 118000

what is the treatment if we will take rs 14000 cgst & sgst each. then which value we put in GSTR 1

please help.
 
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PROFESSIONAL

The value is Rs.90,000/-.

 
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then cgst and sgst amount will be reduced
 
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PROFESSIONAL

The tax should be calculated on discounted value. It appears your supplier has calculated tax on the non discounted value. I hope that the discount is admissible in terms of section 15(3) of CGST.
 
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we can take credit 14000 as cgst and stst
 
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PROFESSIONAL

Yes you can take credit of CGST and SGST charged to you.

 
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