No Reversal of ITC on financial credit note in relation to post sale discount
Last updated: 11 July 2023
Court :
AAR, Andhra Pradesh
Brief :
The AAR, Andhra Pradesh, in the matter of Vedmutha Electricals India Pvt. Ltd. [Advance Ruling no. 05/AP/GST/2023 dated May 26,2023] ruled that assessee is eligible to take full credit of GST charged in invoice issued by the supplier even though later commercial/financial credit note has been issued.
Citation :
Advance Ruling no. 05/AP/GST/2023 dated May 26,2023
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Bimal Jain
Published in GST
Views : 749
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