https://www.taxtmi.com/caselaws?id=449200 GST valuation under s.15(3) of the State GST Act was in issue, specifically whether "volume discount" received by the dealer warranted a further GST demand as if it formed part of the dealer's outward transaction value, resulting in alleged double taxation. The HC held that GST is attracted on each independent "supply" under ss.7 and 9, and a discount granted by the dealer's supplier can affect only the supplier's transaction value, not the dealer's taxable value on its separate onward sales, unless it operates as an undisclosed subsidy compensating the dealer outside the invoice. Board circular clarifications were held non-binding on the HC. The assessment orders were quashed and matters remitted for de novo orders on merits within three months. en-us Wed, 10 Jan 2024 00:00:00 +0530 Mon, 29 Dec 2025 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449200 GST valuation under s.15(3) of the State GST Act was in issue, specifically whether "volume discount" received by the dealer warranted a further GST demand as if it formed part of the dealer's outward transaction value, resulting in alleged double taxation. The HC held that GST is attracted on each independent "supply" under ss.7 and 9, and a discount granted by the dealer's supplier can affect only the supplier's transaction value, not the dealer's taxable value on its separate onward sales, unless it operates as an undisclosed subsidy compensating the dealer outside the invoice. Board circular clarifications were held non-binding on the HC. The assessment orders were quashed and matters remitted for de novo orders on merits within three months. Case-Laws GST Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449200