https://www.taxtmi.com/forum/issue?id=116475 Accumulated Input Tax Credit arising from supplier volume discounts not treated as taxable consideration may be carried forward and utilised to offset future GST liability; advance rulings on non taxability are personam and require comparison of facts, and whether such concessions constitute a price linked subsidy affecting value is a fact specific determination. en-us Sat, 13 Jun 2020 00:41:34 +0530 Thu, 23 Jan 2025 15:54:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116475 Accumulated Input Tax Credit arising from supplier volume discounts not treated as taxable consideration may be carried forward and utilised to offset future GST liability; advance rulings on non taxability are personam and require comparison of facts, and whether such concessions constitute a price linked subsidy affecting value is a fact specific determination. Discussion-Forum GST Sat, 13 Jun 2020 00:41:34 +0530 https://www.taxtmi.com/forum/issue?id=116475