https://www.taxtmi.com/forum/issue?id=116476 Suppliers may issue credit or debit notes to adjust the taxable value of the original supply; if the supplier issues such an adjustment document charging GST, the buyer must pay that GST. The cash discount in the query was viewed as not attracting GST, while the invalidation benefit and rate difference may be treated as taxable adjustments, and any credit note issued with GST must meet the statutory conditions for such issuance. en-us Sat, 13 Jun 2020 08:23:25 +0530 Thu, 23 Jan 2025 15:54:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116476 Suppliers may issue credit or debit notes to adjust the taxable value of the original supply; if the supplier issues such an adjustment document charging GST, the buyer must pay that GST. The cash discount in the query was viewed as not attracting GST, while the invalidation benefit and rate difference may be treated as taxable adjustments, and any credit note issued with GST must meet the statutory conditions for such issuance. Discussion-Forum GST Sat, 13 Jun 2020 08:23:25 +0530 https://www.taxtmi.com/forum/issue?id=116476