Input tax credit - impact of post purchase discount - can avail ...

GST

August 6, 2019

Input tax credit - impact of post purchase discount - can avail the ITC of the full GST charged on the undiscounted supply invoice of goods/ services by their suppliers if the GST paid by them for the said goods/ service is not reversed or reimbursed/ re-credited etc to them in any manner by the supplier or on his behalf, after the credit has been availed - no proportionate reversal

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Input tax credit - impact of post purchase discount - can avail ...

GST

August 6, 2019

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Input tax credit (ITC) - Post purchase discount - The Applicant can avail Input Tax Credit only to the extent of the invoice value less the discounts.

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