Additional discount given by a company to a dealer will attract GST, says Finance Ministry

Additional discount given for special reduced price to augment the sales will be liable to GST The Finance Ministry on Friday said the additional discount given by a company to a dealer in certain cases will be liable to Goods & Services Tax (GST). The GST Policy Wing of the Central Board of Indirect Taxes & Customs (CBIC) under the Finance Ministry issued a clarification on various doubts…