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of <h1>India's Finance Ministry Revokes GST Circular on Post-Sales Discounts, Citing Concerns and Ensuring Consistency.</h1> The Government of India's Ministry of Finance has withdrawn Circular No. 105/24/2019-GST dated 28.06.2019, which provided clarifications on secondary or post-sales discounts under GST. This decision follows numerous representations expressing concerns about the circular's implications. To ensure consistent application of the GST law, the Board has exercised its authority under section 168(1) of the Central Goods and Services Tax Act, 2017, to revoke the circular from its inception. Officials are requested to issue trade notices to inform the public about this withdrawal. A Hindi version of the notice will be issued subsequently.
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