Want to know more
Enter the details and we'll call you soon

Name :

Company Name :

City :

Mobile No. :

Email id :


Thank you for your details

Our Executive will reach you shortly.

Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset SessionCancel Session
Skip Navigation Links

Treatment of ‘Discounts’ in Annual Return and GST Audit

December 12, 2018[2018] 100 taxmann.com 223 (Article)
Discount is a popularly used term under the GST law by various entities for the reduction in value of their outward supplies. These discounts are classified under various heads by these entities based on the timing and terms of this discount. Some of these discounts are agreed at the time of supply while as the others may be provided by means of an after-thought. In fact, some of the businesses also glorify bad debt and show it in the form of discount.
read more

Best view in 1140 x 768