IN CASE post sale discount OR DISCOUNT SAC OR HSN CODE ???
In case post sale discount or discount sac or hsn code ???
satwinder singh (ACCOUNTANT) (45 Points)
16 August 2018
6 Replies
Pratik Surve
(Assistant Professor )
(571 Points)
Replied 16 August 2018
HOW CAN BE THE HSN/SAC FOR DISCOUNT. AS IT IS NOT A SERVICE
Sivaramaraju G
(Learner)
(2398 Points)
Replied 28 May 2021
I think what ever the code you have used for service provided earlier for which you have given discount after post service.
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 28 May 2021
HSN/SAC would be same as the HSN/SAC of goods/services supplied earlier against which discount is being provided.
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 28 May 2021
Post sales discount is not part of taxable value and therefore not a part of GST. No SAC or HSN.
Just fill the HSN details of supplies you have made
Jayessh Jaadav
(GSTP)
(7 Points)
Replied 21 July 2021
Sir
But we have to reduce taxes also what we charged before in the invoice. We need to give our partners a regular back-end support discount, which was not on a single product but all turnover he made with us. that's why we need to make a separate Credit Note for the Invoice and hence need SAC code for it.
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