https://www.taxtmi.com/acts?id=20194 Refunds for year-end or volume-based incentives issued through credit notes require a simple application with a Chartered Accountant's certificate (or self-certification below a prescribed threshold), simultaneous adjustment of buyer Input Tax Credit and supplier output liability via matching credit and debit notes, and GSTN validation including reversal on mismatch, with refunds permitted under CGST, SGST or IGST as applicable. en-us Sat, 12 Dec 2015 02:18:51 +0530 Sat, 12 Dec 2015 02:18:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20194 Refunds for year-end or volume-based incentives issued through credit notes require a simple application with a Chartered Accountant's certificate (or self-certification below a prescribed threshold), simultaneous adjustment of buyer Input Tax Credit and supplier output liability via matching credit and debit notes, and GSTN validation including reversal on mismatch, with refunds permitted under CGST, SGST or IGST as applicable. Act-Rules Bills Sat, 12 Dec 2015 02:18:51 +0530 https://www.taxtmi.com/acts?id=20194