https://www.taxtmi.com/notifications?id=147531 Post-supply discounts may be excluded from the value of supply where the supplier issues a credit note and the recipient reverses the input tax credit attributable to the discount, in accordance with section 34. The credit-note provision is expanded to cover such discounts. The refund provision in section 54(6) is extended to specified unutilised input tax credit, while claims for refunds of tax on goods exported out of India with payment of tax are excluded from the operation of section 54(14). en-us Fri, 31 Jul 2026 00:00:00 +0530 Tue, 03 Nov 2026 16:54:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=147531 Post-supply discounts may be excluded from the value of supply where the supplier issues a credit note and the recipient reverses the input tax credit attributable to the discount, in accordance with section 34. The credit-note provision is expanded to cover such discounts. The refund provision in section 54(6) is extended to specified unutilised input tax credit, while claims for refunds of tax on goods exported out of India with payment of tax are excluded from the operation of section 54(14). Notifications GST - States Fri, 31 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/notifications?id=147531