WebAug 24, 2024 · SAC Code 9954 Services are classified as per the Services Accounting Code (SAC). The SAC is strictly numeric and is 6 digits. The first two digits are same for all services i.e. 99, the next two digits represent the major nature of service and the last two digit represent detailed nature of service. WebJan 6, 2024 · If yes, then what is the applicable HSN and rate of GST? Since the amount received in the form of credit note is actually a discount and not a supply by the applicant to the supplier, no GST is leviable on receiver on cash discount/incentive/schemes offered by the supplier to applicant through credit note against supply without adjustment of GST.
Showing Result for "HSN code for incentive Income" - KnowyourGST
WebFeb 29, 2024 · 1. In many industries (e.g. automobiles, FMCG, etc.) various kinds of discounts/incentives are given to the distributors on achieving certain sales targets. … WebApr 14, 2024 · HSN top Coupons for April 2024: $200 Off Promo codes & More! 50 tested and verified HSN Coupon Codes. Earn Donation on every Purchase. Goodshop works with … fishcut shapewear
Discounts/Incentives-GST Implications - TaxGuru
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