alleryStart learning →Sale price Rs 1,00,000; a Rs 10,000 discount is given after supply with no prior agreement. Value?
ARs 1,00,000
BRs 90,000
CRs 95,000
DRs 1,10,000
Answer & Solution
Correct answer: A. Rs 1,00,000
Without an agreement at or before supply and the ITC reversal, the later discount is not excluded, so value stays 1,00,000.
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