https://www.taxtmi.com/circulars?id=70307 Clarification on secondary or post-sale discounts under GST states that input tax credit need not be reversed where financial or commercial credit notes do not reduce the original transaction value. A post-sale discount to a dealer is generally not consideration for onward supply or for a separate service when the dealer acts on a principal-to-principal basis and no independent service is rendered. GST arises only where specific promotional or related services are expressly agreed for a defined consideration. en-us Tue, 21 Oct 2025 00:00:00 +0530 Mon, 22 Jun 2026 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=70307 Clarification on secondary or post-sale discounts under GST states that input tax credit need not be reversed where financial or commercial credit notes do not reduce the original transaction value. A post-sale discount to a dealer is generally not consideration for onward supply or for a separate service when the dealer acts on a principal-to-principal basis and no independent service is rendered. GST arises only where specific promotional or related services are expressly agreed for a defined consideration. Circulars GST - States Tue, 21 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70307