https://www.taxtmi.com/forum/issue?id=112941 Where a supplier grants a post billing discount without issuing a credit note, the recipient's entitlement to Input Tax Credit depends on whether the discount was attributable at the time of supply under Section 15(3). If the supplier does not issue a credit note, the recipient may retain the full credit claimed on the original transaction; if the supplier later reduces output tax or claims refund, the recipient must debit or reverse any excess credit taken. en-us Fri, 13 Oct 2017 17:21:31 +0530 Thu, 23 Jan 2025 15:55:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112941 Where a supplier grants a post billing discount without issuing a credit note, the recipient's entitlement to Input Tax Credit depends on whether the discount was attributable at the time of supply under Section 15(3). If the supplier does not issue a credit note, the recipient may retain the full credit claimed on the original transaction; if the supplier later reduces output tax or claims refund, the recipient must debit or reverse any excess credit taken. Discussion-Forum GST Fri, 13 Oct 2017 17:21:31 +0530 https://www.taxtmi.com/forum/issue?id=112941