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cash discount whether gst applicable

Goods and Services Tax - Started By: - satbir singhwahi - Dated:- 9-9-2017 Last Replied Date:- 11-9-2017 - SirOn realisation of sales, cash discount is given to customers. Whether GST is applicable on discount as expence. - Reply By Rajagopalan Ranga .....

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spect of such supply; and (b) after the supply has been effected, if- (i) such discount is established in terms of an agreement entered into at or before the time of such supply and specifically linked to relevant invoices; and (ii) input tax credit .....

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