https://www.taxtmi.com/forum/issue?id=112556 The company issues a credit note for the discount amount to the dealer, reducing its taxable supply value to the dealer; the dealer must reverse or proportionately reduce the input tax credit claimed on the higher purchase price and remit GST on the reduced taxable value when supplying to the customer, so that tax incidence reflects the final price paid by the end-customer. en-us Tue, 08 Aug 2017 22:21:06 +0530 Thu, 23 Jan 2025 15:55:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112556 The company issues a credit note for the discount amount to the dealer, reducing its taxable supply value to the dealer; the dealer must reverse or proportionately reduce the input tax credit claimed on the higher purchase price and remit GST on the reduced taxable value when supplying to the customer, so that tax incidence reflects the final price paid by the end-customer. Discussion-Forum GST Tue, 08 Aug 2017 22:21:06 +0530 https://www.taxtmi.com/forum/issue?id=112556