Gst on qty dis., incentive, advertise exp. reimbursement

This query is : Resolved

Ramesh Vadnala (Querist)
Follow

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

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
Follow

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.