https://www.taxtmi.com/article/detailed?id=15807 Post-supply discounts will be excluded from taxable value only if the supplier issues a credit note and the recipient reverses attributable input tax credit under Section 34; Section 34(1) is amended to expressly permit issuance of credit notes for such discounts. Section 54 is amended to allow provisional refund of specified unutilised input tax credit and to exempt export-with-tax refund claims from the Rs.1,000 minimum threshold. A temporary empowerment under Section 101A permits existing authorities or tribunals to hear designated appeals until the National Appellate Authority is constituted. Section 13(8)(b) of the IGST Act excluding intermediary services as a place of supply is omitted. en-us Tue, 03 Feb 2026 08:40:53 +0530 Tue, 03 Feb 2026 08:40:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15807 Post-supply discounts will be excluded from taxable value only if the supplier issues a credit note and the recipient reverses attributable input tax credit under Section 34; Section 34(1) is amended to expressly permit issuance of credit notes for such discounts. Section 54 is amended to allow provisional refund of specified unutilised input tax credit and to exempt export-with-tax refund claims from the Rs.1,000 minimum threshold. A temporary empowerment under Section 101A permits existing authorities or tribunals to hear designated appeals until the National Appellate Authority is constituted. Section 13(8)(b) of the IGST Act excluding intermediary services as a place of supply is omitted. Articles Budget - Tax Proposals Tue, 03 Feb 2026 08:40:53 +0530 https://www.taxtmi.com/article/detailed?id=15807