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All QuestionsCategory: GST CompliancesQuery on Credit note and Dealer Disc Note
Profile photo of M SHARMAM SHARMA asked 6 years ago

Query on Credit note and Dealer Disc Note

As we running business of Textiles, we are issuing 2 type of Credit Notes. 1. Credit Note against Sales (Regular Business term)  HSN Code of : 5407
2. We also provide Dealer Disc(additional Disc) to TOP buyers, Then What should be HSN code of this type of Service/ Cnote. (Will it also be considered as Cnote against Sales HSN : 5407)

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1 Answers
Profile photo of CA Shafaly GirdharwalCA Shafaly Girdharwal answered 6 years ago

Disc will be passed on via a credit note and HSN code will be same as of product


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