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of <h1>Assam GST Update: Clarification on Post-Sales Discounts and Their Impact on Supply Value and ITC Reversal.</h1> The circular issued by the Commissioner of State Tax, Assam, addresses the treatment of secondary or post-sales discounts under the Assam GST Act. It clarifies that if a post-sale discount is given without further obligations on the dealer, it is related to the original supply and not included in the value of supply. However, if the discount requires the dealer to perform additional activities, it is considered a separate transaction, requiring GST on the service provided by the dealer. Additional discounts given for reduced pricing to boost sales are added to the value of supply. Dealers are not required to reverse ITC for discounts received via credit notes.
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