In a recent case the applicant M/S Kwality mobikes, the Authority for Advance Ruling in Karnataka held that the volume discount received on purchase and retail in the form of credit note without any adjustment of GST is not liable for GST. The brief fact of the case is that the applicant is in the […]
The post No GST on Discount and Incentives of Purchase: AAR Karnataka appeared first on Taxscan | Simplifying Tax Laws.
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