Applicability of service tax on discount given by sp
This query is : Resolved
16 April 2015
Dear All,
If the Service Provider is allowing the discount to the service receiver in the billing then whether he should charge service tax on the amount including ST or excluding ST.
Eg:
Bill amount Rs.100000
10% Discount Rs.10000
Net after Dis, Rs.90000
ST should be charged on Rs.100000 or Rs.90000
If the Service Provider is allowing the discount to the service receiver in the billing then whether he should charge service tax on the amount including ST or excluding ST.
Eg:
Bill amount Rs.100000
10% Discount Rs.10000
Net after Dis, Rs.90000
ST should be charged on Rs.100000 or Rs.90000
16 April 2015
it should b on net price dear.........
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