IF REGISTER DEALER PURCHASE GOOD FROM REGISTERED SUPPLIERS AND INVOICE GENERATED AND AFTER SUPPLIERS ISSUE DIFFERENT CREDIT NOT FOR EXTRA DISCOUNT ON ACHIVE TARGET SCHEME AND MONTHLY SALE SCHEME.
SO GOOD RECEIVER WHAT TO DO FOR ITC.
EXAMPLE
BILL NO. 01
TAXABLE VALUE IS 10000
CGST 1400
SGST 1400
TOTAL 12800 RS
SO ITC RS 2800
AFTER SUPPILERS ISSUE CREDIT NOT ON ABOVE INVOICE RS 600 EXCLUDING SGST+CGST =168(84+84)
AND MONTHLY TARGET DISCOUNT CREDIT NOT ON ABOVE INVOICE RS 100 EXCLUDING SGST+CGST =28(14+14)
ABOVE BOTH CREDIT NOT ISSUE IN DIFFERENT VOUCHER.
SO RECEIVER WHAT TO DO FOR ITC AND HOW MUCH ITC WOULD BE CLAIMED.