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The 56th GST Council simplifies credit notes for post-sale discounts. Learn about the new rules, including de-linking from ...
CBIC Circular 251/08/2025 clarifies GST on post-sale discounts. Learn about ITC availability, taxability of discounts, and rules for promotional ...
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GST rules for credit notes tightened to stop leakage
MUMBAI: A supplier of goods or services can issue a credit note to the buyer in several instances. Typically this happens if the supplier has made mistakes in the original invoice, such as declaring a ...
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