TOTAL INVOICE VALUE - DISCOUNT - TAXABLE VALUES- TAX (CGST+SGST)
HERE DISCOUNT WHERE TO SHOW?
3 Replies
Mayur Patil
(Article)
(1276 Points)
Replied 28 October 2018
1.total taxable value
2.discount
3. GST on taxable value after deducting discount with %
4.total invoice value
2.discount
3. GST on taxable value after deducting discount with %
4.total invoice value
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 28 October 2018
You can also show discount After Deducting it from Total Invoice Value .
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 28 October 2018
Some of the Practice in Market like
i) Basic Value
(-) Discount
= Sub Total
+ GST Tax on Sub Total
= Grand Total.
ii) Basic Value
+ GST Tax on Basic value
= Sub Total
(-) Discount on Basic Value
= Grand Total.
i) Basic Value
(-) Discount
= Sub Total
+ GST Tax on Sub Total
= Grand Total.
ii) Basic Value
+ GST Tax on Basic value
= Sub Total
(-) Discount on Basic Value
= Grand Total.
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