https://www.taxtmi.com/forum/issue?id=120211 Post supply commercial credit notes for discounts or promotional reimbursements that were not predetermined at or before supply do not meet the conditions for GST credit notes; therefore issuance of financial credit notes by the supplier does not obligate the recipient to reverse input tax credit. Incentives are distinct from discounts, and treating such reimbursements as taxable consideration for services by the recipient-absent an adjacent supply or pre agreement-contravenes the transaction value framework and recent administrative and judicial guidance. en-us Mon, 07 Jul 2025 16:25:06 +0530 Thu, 10 Jul 2025 17:21:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120211 Post supply commercial credit notes for discounts or promotional reimbursements that were not predetermined at or before supply do not meet the conditions for GST credit notes; therefore issuance of financial credit notes by the supplier does not obligate the recipient to reverse input tax credit. Incentives are distinct from discounts, and treating such reimbursements as taxable consideration for services by the recipient-absent an adjacent supply or pre agreement-contravenes the transaction value framework and recent administrative and judicial guidance. Discussion-Forum GST Mon, 07 Jul 2025 16:25:06 +0530 https://www.taxtmi.com/forum/issue?id=120211