https://www.taxtmi.com/forum/issue?id=114149 Receipts labelled as sales incentives paid to a recipient performing promotional or agency services are normally consideration for a taxable supply and attract GST, requiring the recipient to account for output tax and issue appropriate invoices or debit notes; the principal may claim input tax credit where available. Conversely, if incentives or discounts are governed by a pre existing agreement and properly reflected as invoice adjustments (credit/debit notes), they may reduce the taxable value and not constitute separate taxable receipts, making documentation and contractual terms dispositive. en-us Sat, 15 Sep 2018 14:03:26 +0530 Thu, 23 Jan 2025 15:55:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114149 Receipts labelled as sales incentives paid to a recipient performing promotional or agency services are normally consideration for a taxable supply and attract GST, requiring the recipient to account for output tax and issue appropriate invoices or debit notes; the principal may claim input tax credit where available. Conversely, if incentives or discounts are governed by a pre existing agreement and properly reflected as invoice adjustments (credit/debit notes), they may reduce the taxable value and not constitute separate taxable receipts, making documentation and contractual terms dispositive. Discussion-Forum GST Sat, 15 Sep 2018 14:03:26 +0530 https://www.taxtmi.com/forum/issue?id=114149