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All QuestionsITC for post sale discounts received
Profile photo of sasthasathish@gmail.comsasthasathish@gmail.com asked 1 year ago

ITC for post sale discounts received

Profile photo of Asha Kanta SharmaAsha Kanta Sharma replied 11 months ago

Input tax credit would not be denied under the goods and services tax (GST) system even when a company receives post-supply discounts, provided the entire tax liability is paid, the authority for advance rulings (AAR) in Andhra Pradesh has ruled.