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of <h1>Karnataka GST Clarification: Post-Sales Discounts and Dealer Actions Impact Tax Liability and Supply Value Calculations.</h1> The circular issued by the Commissioner of Commercial Taxes, Karnataka, addresses the treatment of secondary or post-sales discounts under the Karnataka Goods and Services Tax Act, 2017. It clarifies that post-sales discounts not requiring further dealer actions are not included in the value of supply. However, if discounts require dealer activities like promotional campaigns, they are considered a separate service transaction, subject to GST. Additional discounts for reduced customer pricing are added to the supply value. Financial or commercial credit notes can be issued for discounts not excluded from supply value, but the original tax liability cannot be reduced. Dealers can retain input tax credit under specified conditions.
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