13 July 2017
What is the treatment of discount in the room tariff under GST? Can it deducted from the value of supply? Case No: 1 Suppose, my room tariff is Rs. 1200/- and Rs. 300/- discount is given and it is shown in the invoice 1. Since the rate after discount is less than Rs.1000/- whether GST exempt 2. Should I pay GST on the room tariff before discount
Case No:2 My room tariff is Rs. 1200/- Discount Rs. 100/- on what amount GST to be levied?
13 July 2017
Discounts will be treated differently under GST. Discounts given before or at the time of supply will be allowed as deduction from transaction value. Case 1: GST not applicable. Case 2: GST will be levied on Rs. 1100.
13 July 2017
Discounts will be treated differently under GST. Discounts given before or at the time of supply will be allowed as deduction from transaction value. Case 1: GST not applicable. Case 2: GST will be levied on Rs. 1100.
13 July 2017
I got a different answer from another expert. He says if after discount the tariff comes below Rs. 1000/-, say for example Rs. 900/- then we have to levy GST on Rs. 900/- at 12%. Please clarify
13 July 2017
I got a different answer from another expert. He says if after discount the tariff comes below Rs. 1000/-, say for example Rs. 900/- then we have to levy GST on Rs. 900/- at 12%. Please clarify
13 July 2017
Ask him for any notification on this. In the exemption schedule for services it is stated as (i) renting of rooms where charges are Rs 1000/- or more per day.
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