Jul 04, 2024
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Whether post-supply discounts or incentives are to be included in the transaction value?
Yes. where the post-supply discount is established as per the agreement which is known at or before the time of supply and where such discount specifically linked to the relevant invoice and the recipient has reversed input tax credit attributable to such discount, the discount is allowed as admissible deduction under Section 15 of the CGST Act.
Tags
incentivesdiscountspost-supplytransaction-valueincluded