News
Additional discount given by a company to a dealer will attract GST, says Finance Ministry
- Date:
- June 29, 2019
- Source:
- Business Line
Additional discount given for special reduced price to augment the sales will be liable to GST The Finance Ministry on Friday said the additional discount given by a company to a dealer in certain cases will be liable to Goods & Services Tax (GST). The GST Policy Wing of the Central Board of Indirect Taxes & Customs (CBIC) under the Finance Ministry issued a clarification on various doubts…