https://www.taxtmi.com/circulars?id=68680 Post supply discounts via tax credit notes may be excluded from taxable value only if the recipient has proportionately reversed the ITC; until portal verification exists, suppliers should obtain a CA/CMA certificate with UDIN (or, below the specified tax threshold, a recipient undertaking) listing credit note and invoice details, ITC reversal amounts and DRC 03/return or other evidence-such certificates/undertakings are admissible proof under section 15(3)(b)(ii) and must be produced to tax authorities when required. en-us Tue, 20 Aug 2024 00:00:00 +0530 Sat, 28 Jun 2025 13:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68680 Post supply discounts via tax credit notes may be excluded from taxable value only if the recipient has proportionately reversed the ITC; until portal verification exists, suppliers should obtain a CA/CMA certificate with UDIN (or, below the specified tax threshold, a recipient undertaking) listing credit note and invoice details, ITC reversal amounts and DRC 03/return or other evidence-such certificates/undertakings are admissible proof under section 15(3)(b)(ii) and must be produced to tax authorities when required. Circulars GST - States Tue, 20 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68680