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Treatment of Discounts under GST – A Study

Treatment of Discounts under GST – A Study

Discounts are an integral part of business. Offering trade, cash post-sale discounts are very common in business. Business generally offer trade discounts to increase sales, while cash discounts are given to recover payments quickly and Post-Sale discounts are given if certain targets are achieved or promotional schemes are run by distributors.

Source Taxguru

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