What Is Gst On Discounts

OFF

Understanding GST on Discounts: Legal Provisions & Examples

WEBFeb 15, 2024 · However, such discounts shall be mentioned on the GST tax invoice (GST sales invoice). Lets understand the GST on discount with example: Example 1 – Mr X sells goods to Mr Y worth Rs 50,000 and gives Rs 1000 discount for cash payment. GST …

https://gsthero.com/blog/gst-on-discounts-legal-provisions-pre-post-sale-discount-examples/


OFF

GST Implications on Coupons, vouchers & other related Instruments

WEBWith this type of coupon, the GST or HST is calculated based on the amount after deducting the value of the coupon. Vendor Input Tax Credits re Coupons. When a …

https://taxguru.in/goods-and-service-tax/gst-implications-coupons-vouchers-related-instruments.html


13%
OFF

How to Charge GST/HST on Discounts - LiveAbout

WEBJan 25, 2016 · For example, a coupon for $1 off the selling price includes: 12¢ for the HST ($1 × 13/113) where the rate of 13% applies. 13¢ for the HST ($1 × 15/115) where the …

https://www.liveabout.com/how-do-i-charge-gst-hst-on-discounts-2948154


OFF

GST Implication on vouchers, coupons, gift cards etc

WEBPrompt payment discount. Prior to 1 Apr 2020, when you offer a discount for prompt payment to your customers, GST is chargeable on the net price after the prompt …

https://taxguru.in/goods-and-service-tax/gst-implication-vouchers-coupons-gift-cards.html


OFF

How sales tax applies to discounts, coupons

WEBCircular No. 92/11/2019-GST Page 1 of 5 F. No. 20/16/04/2018-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and …

https://www.taxjar.com/blog/calculations/2021-12-sales-tax-discounts-coupons-promotions


OFF

GST/HST Treatment of Coupons, Manufacturers' Rebates, and Gift …

GST/HST Treatment of Coupons, Manufacturers' Rebates, and Gift …

https://www.taxtips.ca/gst/coupons.htm


OFF

Coupons and Vouchers under GST - Corpbiz Advisors

Coupons and Vouchers under GST - Corpbiz Advisors

https://corpbiz.io/learning/coupons-and-vouchers-under-gst/


OFF

Circular No. 92/11/2019-GST F. No. 20/16/04/2018-GST …

Circular No. 92/11/2019-GST F. No. 20/16/04/2018-GST …

https://cbic-gst.gov.in/pdf/circular-cgst-92.pdf


Coupons Category

ONLINE TOOLS