GST Applicable on Sales Incentive received on completion of sales target: AAAR

GST Applicable on Sales Incentive received on completion of sales target: AAAR

GST Applicable on Sales Incentive

CA Pratibha Goyal | Jun 23, 2023 |

GST Applicable on Sales Incentive received on completion of sales target: AAAR

GST Applicable on Sales Incentive received on completion of sales target: AAAR

Appellate Authority for Advance Ruling, Maharashtra in the matter of MEK Peripherals India (P.) Ltd. has ruled out that the Incentive received from the manufacturer for the promotion of the sale of products purchased through distributors is not a trade discount and cannot be excluded from the taxable value. Thus, the same would come under the purview of GST.

Additionally, they ruled out that Marketing services provided for foreign manufacturers in respect of goods made available in India will not be treated as an export of service.

For Official Ruling Download PDF Given Below:

Download Judgment

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CA Pratibha Goyal
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Location: Delhi, India
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CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc. She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.

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