18 November 2017
what will be the treatment of discount received given by the company.? one of my client is receiving cash discount from its creditor thereby issuing the credit note of the same and journal entry is passed as debiting creditor account and crediting discount received account. How will I show such credit notes in Gstr 3B ??
please answer .
18 November 2017
but sir credit note also involve gst on amount of bill... Should I not consider such discount or this gst amount should be shown as ineligible credit? please reply
CAclubindia
