The 56th GST Council simplifies credit notes for post-sale discounts. Learn about the new rules, including de-linking from ...
Urgent clarification needed on issuing GST credit notes for pre-rate change stock. Understand the implications of new MRP ...
The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit notes to specific invoice ...
The circular addresses doubts raised by industry stakeholders regarding how such discounts affect Input Tax Credit (ITC) and ...
Unless FMCG companies provide a clear mechanism for price adjustment, credit notes or compensation, distributors will suffer ...
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GST Rejig: Post-Sale Discounts To Dealers Not Subject To GST, Says CBIC
Discounts given by manufacturers to dealers for competitive pricing are not considered as GST for further supplies to ...
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