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post sale discount for cement, Goods and Services Tax - GST

Issue Id: - 114292
Dated: 2-11-2018
post sale discount for cement

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Dear Sir,

1. My Client (Whole sale & Reseller) purhcase cement bag from one famous brand company ₹ 300+GST 28% at the time of purchase of Invoice,my client resale to customer ( Unregistered and end user) rate is per bag ₹ 305+GST 28% after sale they have received discount (Credit note) ₹ 20 per bag + GST 28% from company instructed to my client above discount amount less your input

but client is sale is completed and GST is payable for ₹ 1.40 @ 5 profit cost

Now they will be adjusted for above GST for ITC they have to pay GST additional ₹ 5.60 @ ₹ 20 discount

In this situation how to advise my client? to file GSTR 3B to entry passed in books to make sale bills and credit note entry post the books

and resale

Kindly advise my respected seniers

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Showing Replies 1 to 2 of 2 Records

1 Dated: 2-11-2018

If there is any agreement made with your client for the post sale discount, then such amount is not liable to GST. You may issue credit note for the same.

2 Dated: 5-12-2018

You can raise a credit note.


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