All Questions › ITC for post sale discounts received 0 Vote Up Vote Down sasthasathish@gmail.com asked 12 months ago ITC for post sale discounts received Answer the question Asha Kanta Sharma replied 8 months ago Input tax credit would not be denied under the goods and services tax (GST) system even when a company receives post-supply discounts, provided the entire tax liability is paid, the authority for advance rulings (AAR) in Andhra Pradesh has ruled. Asha Kanta Sharma replied 8 months ago https://taxguru.in/goods-and-service-tax/treatment-discounts-gst-study.html
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Input tax credit would not be denied under the goods and services tax (GST) system even when a company receives post-supply discounts, provided the entire tax liability is paid, the authority for advance rulings (AAR) in Andhra Pradesh has ruled.
https://taxguru.in/goods-and-service-tax/treatment-discounts-gst-study.html