https://www.taxtmi.com/highlights?id=93046 The tax authority withdraws its prior circular dated 26 June 2024 that had prescribed a procedure for suppliers to provide evidence of compliance with Section 15(3)(b)(ii) of the CGST Act concerning reversal of input tax credit for discounts; the withdrawn procedure is no longer required. Field formations are directed to publicize the withdrawal via trade notices and to report any implementation difficulties to the authority. en-us Fri, 03 Oct 2025 18:19:31 +0530 Fri, 03 Oct 2025 18:19:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=93046 The tax authority withdraws its prior circular dated 26 June 2024 that had prescribed a procedure for suppliers to provide evidence of compliance with Section 15(3)(b)(ii) of the CGST Act concerning reversal of input tax credit for discounts; the withdrawn procedure is no longer required. Field formations are directed to publicize the withdrawal via trade notices and to report any implementation difficulties to the authority. Highlights GST Fri, 03 Oct 2025 18:19:31 +0530 https://www.taxtmi.com/highlights?id=93046