Court Remands GST Case for Fresh Order on Input Tax Credit Reversal Due to Non-Compliance with Discount Conditions.
Case-Laws
GST
Sub-section (3) of Section 15 of applicable GST statutes provides for reduction in value of supply on account of discount, if recorded in invoice or established by agreement before or at time of supply. Petitioner prima facie established neither requirement satisfied, hence supplier liable to pay tax on full value. Exercise of jurisdiction under Article 226 d
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