Followers

Saturday, September 13, 2025

GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say

The Central Board of Indirect Taxes and Customs provides clarity on Goods and Services Tax. GST will not apply to post-sale discounts offered by manufacturers to dealers for competitive pricing. However, GST applies if discounts link to specific promotional services by dealers. This clarification addresses representations on secondary discounts under GST.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/wsUgk6n

No comments:

Post a Comment

Govt secures extra LNG via spot buying to make fertilisers

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/hzt0b36