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

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at contact@studycafe.in

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"



Author Bio
CA Pratibha Goyal
Designation: Co Founder
Company: Studycafe
Location: Delhi, India
Total Posts: 1246

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.

My Recent Articles
Karnataka Sales Tax rate on diesel increased to 21.17%: Price Rice to Rs 91.02 Deduction of Rs. 577.98 Crores claimed by companies on account of Donation to political parties Paying Technical Fees or Royalty Outside India: Why Non-Resident Requires PAN for claiming DTAA Benefits? Delhi High Court asks AO to issue a Nil withholding Tax Certificate in a matter of Lufthansa [Read Order] TDS and TCS Due Date Chart for FY 2025-26 | AY 2026-27View All Posts
Studycafe-Courses
Latest Post
3 Businessmen sentenced to Imprisonment of 1 Year for Tax Evasion3 Businessmen sentenced to Imprisonment of 1 Year for Tax Evasion
NO-TRANSACTIONS-ALLOWED-ON-APRIL-1-AND-2-FOR-PPF-HOLDERS.jpgIndividuals Holding PPF Not Allowed to Perform Any Transaction On April 1 and 2, Says India Post
Bengaluru Tax Officials arrest a Director for GST Evasion of Rs.44.8 CroreBengaluru Tax Officials arrest a Director for GST Evasion of Rs.44.8 Crore
Failed to Deduct TDS on RentFailed to Deduct TDS on Rent? Income Tax Department Taking Action
News of Central Government Providing Free Laptops to Students Fake: PIB Fact CheckNews of Central Government Providing Free Laptops to Students Fake: PIB Fact Check
Useful Links
Important links
Important links
DOwnload Study Cafe App
Write For Us
Studycafe Articles
Submit your Articles with us by Clicking Submit Article Button
Submit Article

you can also submit your articles by sending mail at contact@studycafe.in