Dealer is required to reverse input tax credit proportionate to the reduction in value of supply
Dealer is required to reverse input tax credit proportionate to the reduction in value of supply THE AUTHORITY OF ADVANCE RULING The Questio
Reetu
Jul 12, 2020Dealer is required to reverse input tax credit proportionate to the reduction in value of supply
THE AUTHORITY OF ADVANCE RULING
The Question and Ruling as follows: 1. Whether dealer is required to reverse input tax credit proportionate to the reduction in the value of supply? 2. Whether the applicant can issue commercial credit note to its dealers for post sale discounts without charging GST?RULING
The application for advance ruling is rejected, as being non-maintainable.About Author
Reetu
Content Manager
Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
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Delhi, Delhi, India
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