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discount on invoice

nitish (Self employed ) (102 Points)

25 June 2018

can we charge gst after giving discount on invoice ?

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2 Replies

nisar ahmad (183 Points)
Replied 25 June 2018

yes, u have to charge GST after discount

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rishikesh N (198 Points)
Replied 25 June 2018

no, you have to charge before gst for discount

for example...

taxable value = 1000

Less - discount = 100
total taxae value = 9900

cgst @ 2.5%. = 247.5
sgst @ 2.5% = 247.5

total invoice value = 10395

I think this is the procedure to calculate the discount ....