Goods and Services Tax – Started By: – Chandni Tolani – Dated:- 8-8-2017 Last Replied Date:- 9-8-2017 – Suppose Company sells a car to a dealer for ₹ 700000 and the dealer in turns adds profit ₹ 50000 and sells it to customer for ₹ 750000…. Here the company asks the dealer to entertain a discount of ₹ 60000 to customer so that the final price charged to customer is ₹ 690000 (i.e. 750000-60000).Question arises at what amounts will the gst be charged by the company to dealer and by the dealer to customer…???Is company liable to issue credit note to dealer or dealer will have to pay gst to company on ₹ 700000…??? – Reply By HimansuSekhar Sha – The Reply = 1. The company will pay gst on 7000002. The co
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