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FMCG distributors under radar for non-payment of GST for post-sale discounts, says report
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FMCG distributors under radar for non-payment of GST for post-sale discounts, says report
May 9, 2019 11:22 PM

Hindustan Coca-Cola Beverages (HCCB), Coca-Cola India's bottling partner, and distributors of FMCG and consumer durable companies have come under the radar of the Goods and Services Tax (GST) authorities over post-sale discounts offered by manufacturers, reported The Economic Times.

The authorities have asked the FMCG companies why the GST was not paid on these discounts, as it falls under the criterion services by distributors, the report said.

In some cases, the daily said, the authorities sought sales details for the past five years from distributors.

An HCCB spokesperson told the paper that the firm has been in 'full compliance' with the GST norms.

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