Question ID :
32775
Incorrect assessment of Value of supply
Yearly discount is received based on the yearly purchase achievements by the dealer. GST credit note is not raised by supplier and hence the value of supply as per sec 15 cannot be applied. Dealer claimed input tax credit based on the invoice received and value as per the invoice which is wrong as sec 15 cannot be applied. What recourse dealer have?
posted by
Sai Ram
on
Aug 18 2018 12:00AM