https://www.taxtmi.com/news?id=39825 The core issue is whether retrospective discounts routed through distributors reduce the supplier's transaction value for GST purposes. The revenue department treated such distributor-to-retailer discounts and subsequent supplier adjustments as reductions to taxable value under Section 15(3)(a), while the supplier maintained compliance with Section 15(1) and documented discounts in its Distributor Management System. The court found the department's interpretation prima facie incorrect and granted an interim restraint on coercive action pending further hearing. en-us Fri, 04 Apr 2025 22:46:04 +0530 Fri, 04 Apr 2025 22:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39825 The core issue is whether retrospective discounts routed through distributors reduce the supplier's transaction value for GST purposes. The revenue department treated such distributor-to-retailer discounts and subsequent supplier adjustments as reductions to taxable value under Section 15(3)(a), while the supplier maintained compliance with Section 15(1) and documented discounts in its Distributor Management System. The court found the department's interpretation prima facie incorrect and granted an interim restraint on coercive action pending further hearing. News - Fri, 04 Apr 2025 22:46:04 +0530 https://www.taxtmi.com/news?id=39825