Respected all,
Our supplier has raised credit note for special discount given to us on 31-3-19 which is post supply discount. My concern is whether I have to reduce ITC of GST on discount amount which is received from supplier Please help me
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Regarding Gst on Discount
Replies (2)
If supplier not charged GST in that Credit Note then no need to reduce the ITC...
Kindly refer Section 15 of CGST Act .
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