Namaskaram,
If the party giving discount after tax calculation is rite method ?
ie . 14000 basic tax (cgst +sgst - 2520) - Discount - 5000 , final amount - 14000+2520-5000 = 6480 .
1 Replies
dev kumar
(student)
(23 Points)
Replied 23 August 2017
no it is not right . one have to deduct discount and then calculate gst
Recent Topics
- GSTR 4 FOR 24-25 due date of annual return
- Which ITR form required ?
- Can you please explain me the working of tax liabi
- Can a stand alone restaurant opt for tax rate of 1
- Income Tax Query. Capital gain & section 54
- 26 QB - TDS
- Partner remuneration beyond 40 (b) limits
- How to get Professional Tax refund shown in PTRC I
- No GST on Property Redevelopment If Development Ri
- Guide to Closing Private Limited Company
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
