https://www.taxtmi.com/circulars?id=61004 Goods or services supplied without consideration do not constitute supply under GST except where Schedule I applies; ITC is disallowed for inputs, input services and capital goods used for gifts or free samples unless distribution amounts to a supply under Schedule I. Buy one get one offers are treated as multiple supplies for a single price and taxability depends on whether the arrangement is a composite or mixed supply; ITC is available for inputs used in such offers. Invoice discounts and pre established volume discounts may be excluded from taxable value if statutory conditions are met; secondary post supply discounts via credit notes do not qualify for exclusion and do not affect ITC availability for the supplier. en-us Tue, 23 Apr 2019 00:00:00 +0530 Thu, 16 May 2019 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61004 Goods or services supplied without consideration do not constitute supply under GST except where Schedule I applies; ITC is disallowed for inputs, input services and capital goods used for gifts or free samples unless distribution amounts to a supply under Schedule I. Buy one get one offers are treated as multiple supplies for a single price and taxability depends on whether the arrangement is a composite or mixed supply; ITC is available for inputs used in such offers. Invoice discounts and pre established volume discounts may be excluded from taxable value if statutory conditions are met; secondary post supply discounts via credit notes do not qualify for exclusion and do not affect ITC availability for the supplier. Circulars GST - States Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61004