In my case I issue credit note to my client against the bills of last six months. & I charge Gst in credit note.
Now the problem is ... one my client saying that no gst come under these type of discount. as these is cash discount.
kindly guide gst is come in these case or need to issue credit note without gst ?
As per section 15 CGST Act
[b] after the supply has been effected, if-
[i] such discount is established in terms of an agreement entered into at or before the time of such supply and specifically linked to relevant invoices
so it can be oral agreement or matual understanding between supplier & recepient to charge GST on discount
CAclubindia
