Hi
The facts as explained by you are not clear. Our team would be able to answer if you can explain it in a better way.
I am a trader of an MNC company offering coffee vending services. The rate of the premix is decided before we start supply depending upon the consumption per month. So the company invoices us at the normal rate and the we invoice to the customer at the contracted rate approved by the company. The discount given is later claimed from the company. My tax consultant says if you bill below your purchase it defeats the purpose of value addition and if given then the GST has to be collected on the discount given and paid to the government or it is open to litigation. Please advice
Hi
The facts as explained by you are not clear. Our team would be able to answer if you can explain it in a better way.
Already answered in another question. I am assuming these are not related party transactions.
Please feel free to call/ revert in case you need more clarity
Hello,
I apologise but I could not understand your query, could you please explain the same using an entire transaction.
Trust this clarifies your query.
Feel free to call / get back in case of further clarifications.
Thanking You.
Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP