GST if supplier gives discounts on sales target achievement – Clarification

By | June 6, 2017
(Last Updated On: June 6, 2017)

Q: Sir if supplier provides discount based on achievement of my sales target than I have to raise invoice with GST for that?

If the discount is established beforehand through agreement, specifically linked to relevant invoices & corresponding ITC reversed, ) then GST is levied excluding such discount value. Refer Section 15(3) of CGST Act.

[ Reply on 03.06.2017 at 5.08 am as per Twitter Account of Govt of India for GST queries of Taxpayers ]

GST if supplier gives discounts on Sales target achievement

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