GST on License Sale n Discount
vikram kerekar (1244 Points)
22 August 2018
would GST be applicable on 'License Sale' and 'Discount received' income?
1 Replies
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 22 August 2018
As per section 7(a) : Gst is applicable on sale of license .
discount is not supply so no gst applicable on discount
discount is not supply so no gst applicable on discount
Recent Topics
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
- Advisory for Reporting TDS Deducted by scrap Deale
- Section 194 J Technical Service/Professional Servi
- Solving of Export Related Problems
Related Threads
CAclubindia
