https://www.taxtmi.com/forum/issue?id=114801 A post-supply discount may be excluded from taxable value only if: (1) the discount is provided under a pre-supply agreement known to the buyer; (2) the discount is correlatable with the relevant invoices; and (3) the buyer/recipient reverses any attributable input tax credit. If these conditions are not met, excluding the discount from taxable value is incorrect and the supplier must rectify the invoicing and tax treatment. en-us Wed, 27 Mar 2019 10:50:03 +0530 Thu, 23 Jan 2025 15:55:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114801 A post-supply discount may be excluded from taxable value only if: (1) the discount is provided under a pre-supply agreement known to the buyer; (2) the discount is correlatable with the relevant invoices; and (3) the buyer/recipient reverses any attributable input tax credit. If these conditions are not met, excluding the discount from taxable value is incorrect and the supplier must rectify the invoicing and tax treatment. Discussion-Forum GST Wed, 27 Mar 2019 10:50:03 +0530 https://www.taxtmi.com/forum/issue?id=114801