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Treatment of Discounts Under GST
To boost sales & to survive in the competitive environment and to attract new customers the companies usually provides the various types of discount schemes to their customers. Like trade discounts, quantity discounts, year end discounts etc. Some of the discounts are given at the time of supply or some of the discounts are given after the supply i.e., post sales discounts. In this article, we are going to discuss the impact of discount ..... Read More