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    <title>CREDIT NOTE IN GST</title>
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    <description>Post sale discounts such as early payment and turnover discounts reduce the transaction value if they satisfy the statutory conditions and the supplier may optionally issue a credit note; GST should not be charged on the buyer for such discounts. Promotional incentives and downstream discounts to retailers are generally taxable unless the contractual and commercial arrangements demonstrate a reduction in the supplier&#039;s transaction value, a determination that requires factual analysis and is often disputed.</description>
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      <description>Post sale discounts such as early payment and turnover discounts reduce the transaction value if they satisfy the statutory conditions and the supplier may optionally issue a credit note; GST should not be charged on the buyer for such discounts. Promotional incentives and downstream discounts to retailers are generally taxable unless the contractual and commercial arrangements demonstrate a reduction in the supplier&#039;s transaction value, a determination that requires factual analysis and is often disputed.</description>
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