https://www.taxtmi.com/notifications?id=146442 Post-supply discounts may be excluded from the value of supply where the supplier issues a credit note and the recipient reverses attributable input tax credit. Credit-note provisions are expanded to cover such discounts. Refund provisions include unutilised input tax credit allowed under the specified refund proviso, while the withholding exclusion is revised for tax refunds on goods exported out of India with payment of tax. Commencement may be prospective or retrospective as notified. en-us Tue, 07 Jul 2026 00:00:00 +0530 Sat, 01 Aug 2026 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=146442 Post-supply discounts may be excluded from the value of supply where the supplier issues a credit note and the recipient reverses attributable input tax credit. Credit-note provisions are expanded to cover such discounts. Refund provisions include unutilised input tax credit allowed under the specified refund proviso, while the withholding exclusion is revised for tax refunds on goods exported out of India with payment of tax. Commencement may be prospective or retrospective as notified. Notifications GST - States Tue, 07 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/notifications?id=146442