Hi team,
I would like to ask if one can charge gst after giving a discount on the mrp.
For example,
Option 1: no additional gst charged —
Mrp on an item = rs 1000
Discount offered =50%
Effective price= rs500 (1000*50)/100)
Option 2: additional gst charged —
Mrp on an item = rs 1000
Discount offered =50%
Discounted price= 500
Gst @ 18% = 90 (500*18/100)
Effective price= 500 + 90 = 590
Please help me with the answer which option is correct and if we have any rule/document link for the same. Was this information helpful? |
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