Example 3 (Trade Discount and Cash Discount on Part Payment are allowed)
Om & Co., Delhi sold goods to Mohan, Delhi of List Price 1,00,000, less Trade Discount
20% Cash Discount is 9% on the amount paid Mohan & Co. paid 50,000 immediately.
Rate of CGST and SGST is 6% each. Invoice prepared by Om & Co. will be as follows:
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