CBIC’s clarification on treatment of secondary or post-sales discounts under GST

CBIC issues clarification in respect of tax treatment in cases of secondary discounts or post sales discount; Explains that if the post-sale discount is given by the supplier of goods to the dealer without any further obligation, then the post sales discount won’t be included in the value of supply and will be related to the original supply of goods; However, if the additional discount given by the supplier of goods to the dealer is the post-sale incentive requiring the dea...