08 June 2018
We are trader, our supplier gives following 1. incentive for his product promotion & sales, 2. reimbursement of advertising expenses 3. Yearly, based on quantity sales agreed amount Please let me above are taxable under gst, if taxable at what rate, hsn/sac codes to issue invoice/debit note Thank you
08 June 2018
The aforesaid should be taxable as the aforesaid cannot be said to be discount eligible for deduction from transaction value. The rate and HSN/SAC code would be the same as that of the supply of goods wrt which it is given.
CAclubindia
