https://www.taxtmi.com/forum/issue?id=119379 Whether input tax credit on a machine is claimable where supplier issues commercial credit notes making the machine effectively free while the buyer fulfils a committed purchase obligation; key issues are entitlement to input tax credit, whether credit notes create a different supply requiring billing or reversal, and whether the machine's book value should be gross or net of discounts. en-us Wed, 30 Oct 2024 11:38:42 +0530 Fri, 24 Jan 2025 10:40:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119379 Whether input tax credit on a machine is claimable where supplier issues commercial credit notes making the machine effectively free while the buyer fulfils a committed purchase obligation; key issues are entitlement to input tax credit, whether credit notes create a different supply requiring billing or reversal, and whether the machine's book value should be gross or net of discounts. Discussion-Forum GST Wed, 30 Oct 2024 11:38:42 +0530 https://www.taxtmi.com/forum/issue?id=119379