https://www.taxtmi.com/forum/issue?id=120320 When conditions of section 15(3)(b) are satisfied the taxable value excludes the post sale discount, and it is preferable to issue a tax reflective credit note under the GST credit note mechanism to align supplier records and recipient input tax credit; a financial/commercial credit note without tax may be issued by mutual choice but risks recipient disputes and should not be used to shift accumulated input tax credit. en-us Mon, 04 Aug 2025 13:21:48 +0530 Fri, 08 Aug 2025 04:04:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120320 When conditions of section 15(3)(b) are satisfied the taxable value excludes the post sale discount, and it is preferable to issue a tax reflective credit note under the GST credit note mechanism to align supplier records and recipient input tax credit; a financial/commercial credit note without tax may be issued by mutual choice but risks recipient disputes and should not be used to shift accumulated input tax credit. Discussion-Forum GST Mon, 04 Aug 2025 13:21:48 +0530 https://www.taxtmi.com/forum/issue?id=120320