https://www.taxtmi.com/caselaws?id=384118 The appellate authority allowed the appellant to avail Input Tax Credit (ITC) on the full GST charged on undiscounted supply invoices, provided the GST paid is not reversed or reimbursed. The interpretation of Section 16(2) of the CGST Act favored the appellant's argument that ITC should be available when the full commercial price and GST are paid, especially in cases involving post-purchase discounts facilitated through an automated data exchange platform. The ruling emphasized the legislative intent behind the provision as an anti-evasion measure to ensure genuine supplies and prompt payment to suppliers. en-us Mon, 24 Jun 2019 00:00:00 +0530 Tue, 11 Mar 2025 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384118 The appellate authority allowed the appellant to avail Input Tax Credit (ITC) on the full GST charged on undiscounted supply invoices, provided the GST paid is not reversed or reimbursed. The interpretation of Section 16(2) of the CGST Act favored the appellant's argument that ITC should be available when the full commercial price and GST are paid, especially in cases involving post-purchase discounts facilitated through an automated data exchange platform. The ruling emphasized the legislative intent behind the provision as an anti-evasion measure to ensure genuine supplies and prompt payment to suppliers. Case-Laws GST Mon, 24 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384118