Dealers will have to pay 18 per cent goods and services tax (GST) on the post-sale discount that their supplier gives to them if it asks them to do promotional activities or pass on the concessions to the end consumer.
Source: Business-Standard
Latest Posts in "India"
- Zero GST on Health Insurance Drives 38% Surge in Demand, Report Finds
- AAR Rules GST Applies to Small Packaged Shrimp Exports, Citing Retail Packaging Criteria
- Supreme Court to Decide if Leasehold Rights Transfer is Taxable Under GST Law
- Only Entity Named as Exporter in Customs Documents Can Claim Service Tax Refund: CESTAT
- CESTAT: Testing Services to Foreign Clients Qualify as ‘Export of Services’ under FTDR Act


 
        		 
        	











