https://www.taxtmi.com/article/detailed?id=10586 GST excludes discounts from taxable value only when discounts given before/at supply are invoiced or documented, and post supply discounts are established by a pre supply agreement linked to invoices with the recipient reversing the attributable input tax credit. Administrative guidance sets four scenarios for secondary discounts-unconditional dealer reductions, promotional activity treated as separate supply, dealer onward pricing obligations, and financial credit notes lacking GST treatment. Advance rulings confirm that free additional packs, principal reimbursed special discounts, and volume discounts by credit note are treated as non taxable discounts when conditions and documentation are satisfied. en-us Sat, 06 Aug 2022 09:34:07 +0530 Sat, 06 Aug 2022 09:34:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10586 GST excludes discounts from taxable value only when discounts given before/at supply are invoiced or documented, and post supply discounts are established by a pre supply agreement linked to invoices with the recipient reversing the attributable input tax credit. Administrative guidance sets four scenarios for secondary discounts-unconditional dealer reductions, promotional activity treated as separate supply, dealer onward pricing obligations, and financial credit notes lacking GST treatment. Advance rulings confirm that free additional packs, principal reimbursed special discounts, and volume discounts by credit note are treated as non taxable discounts when conditions and documentation are satisfied. Articles Goods and Services Tax - GST Sat, 06 Aug 2022 09:34:07 +0530 https://www.taxtmi.com/article/detailed?id=10586