Reverse charges on discount

This discussion clarifies whether GST needs to be reversed on a discount received for achieving a sales target, which was recorded as indirect income. The consensus is that if the discount is received after the supply and doesn't involve a reduction in the supplier's GST liability, then GST reversal is generally not required. Furthermore, it's confirmed that Input Tax Credit (ITC) can be claimed on taxes paid under reverse charge, provided it's within the stipulated time limits.