Circular No. 212/6/2024-GST: Evidence of Compliance for Discounts under Section 15(3)(b)(ii)

CIRCULAR NO. 212/6/2024-GST [F.NO. CBIC-20001/4/2024-GST],SECTION 15 OF THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 – VALUE OF TAXABLE SUPPLY – MECHANISM FOR PROVIDING EVIDENCE OF COMPLIANCE OF CONDITIONS OF SECTION 15(3)(b)(ii) BY SUPPLIERSCIRCULAR NO. 212/6/2024-GST [F.NO. CBIC-20001/4/2024-GST], DATED 26-6-2024In cases where the discounts are offered by the suppliers through tax credit notes, after the supply has been effected, the said discount is not to be included in the taxable value only if the condition of clause (b)(ii) of sub-section (3)...

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