https://www.taxtmi.com/article/detailed?id=14788 DCS are export incentives exempt from GST and, under amended allocation rules, the value of DCS is excluded from the aggregate value of exempt supplies, removing the basis for proportionate Input Tax Credit reversal on tax-free sale of DCS; taxpayers may reclaim ITC reversed or seek refunds and rely on retrospective clarificatory principles for application. en-us Fri, 11 Jul 2025 08:41:07 +0530 Fri, 11 Jul 2025 08:41:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14788 DCS are export incentives exempt from GST and, under amended allocation rules, the value of DCS is excluded from the aggregate value of exempt supplies, removing the basis for proportionate Input Tax Credit reversal on tax-free sale of DCS; taxpayers may reclaim ITC reversed or seek refunds and rely on retrospective clarificatory principles for application. Articles Goods and Services Tax - GST Fri, 11 Jul 2025 08:41:07 +0530 https://www.taxtmi.com/article/detailed?id=14788