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All QuestionsCategory: GST CompliancesIncentives credit note
Profile photo of IQBAL M.DHANANIIQBAL M.DHANANI asked 3 months ago

Incentives credit note

Dear Sir,
“A” company is issuing credit note ( with heading “Prize Contest Turnover” ) to “B” dealer for achieving sales target as prescribed by company “A”.
Whether this transaction is liable to GST ? If yes, then who is liable to charge GST & Pay to the GOVT.

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1 Answers
Profile photo of GauravGaurav answered 2 months ago

B WILL BE GOINT TO CHARGE AND PAY GST TO GOVT.