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how can effect gst on discount allowed and received
how can effect gst on discount allowed and received
Replies (5)
Discount Allowed - When you make invoice,you give discount on value,after discount you calculate gst amount,
Discount Received - Please Check Invoice Dicount Recived before tax & after tax,then you book Discount
receiving discount on purchase after tax
So,you book purchase invoice with tax after discount booked
need to make pay gst on discount ?
No
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