The CBIC vide Circular No. 112/31/2019 – GST dated October 03, 2019 has ab-initio withdrawn Circular No. 105/24/2019-GST dated June 28, 2019 (“Circular 105”) wherein clarifications were made on various doubts related to treatment of secondary or post-sales discounts under GST.
Source: a2ztaxcorp.com
Latest Posts in "India"
- CBAM Compliance Guide for Indian Exporters: 2025–26 Edition
- Government Scrutinizes E-commerce for Ignoring CST Rate Cuts, Investigates 3,000 Consumer Complaints
- Industry Body Urges Government for Relief Measures for Small Chemists During GST 2.0 Transition
- CESTAT Rules Electronic Software Downloads Exempt from Customs Duty in HCL Technologies Case
- India’s GST 2.0 Sparks Concerns in Nepal Over Smuggling and Trade Deficit
