Whether excise duty is reversable on the cash discount given to the buyer once the sale has been made and credit already adjusted..
Please support ur answer with legal provisions.
Menu
Cash discount-urgent
Replies (2)
Any one..Please
no
once assessable value is put on invoice, no discount is allowed after it.
Recent Threads
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
- Board resolution for authorization for GST
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
Related Threads
CAclubindia
