Service tax on pre or post discount
This query is : Resolved
14 June 2016
Do we charge 15% ST on Gross Amt before Discount or After Discount ?
Ex : Gross Amt - Rs. 1000
Discount - Rs 100
Net amt - Rs 900/-
No part payment is received .
So ST will be applicable on Net Amt or Gross Amt ?
Ex : Gross Amt - Rs. 1000
Discount - Rs 100
Net amt - Rs 900/-
No part payment is received .
So ST will be applicable on Net Amt or Gross Amt ?
Guest
Guest
(Expert)
18 June 2016
ST=15% of Net Amount 900
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