Poonawalla fincorps
Poonawalla fincorps

Gst on credit note for quantity discount

This query is : Resolved 

04 October 2017 By a manufacturing company:- Quantity discount is allowed to customer on purchase of specified quantity in a month. calculation of same is done after completion of month. Seller issues credit note for such quantity discount. whether GST will be applicable to such discount post sale???

04 October 2017 Apply GST on credit note and reduce the GST liability.



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