MRF Limited ., In re
Date: January 22, 2019
Subject Matter
Applicant can avail Input Tax Credit only to the extent of the invoice value less any post supply discounts
Summary
The applicant sought to know whether they can avail the ITC of the full GST charged on the supply of invoice or a proportionate reversal of the same is required in case of post purchase discount given by the supplier of the goods or services The AAR…
Note : Any Appeal against the Advance Ruling order shall be filed before the Tamil Nadu State Appellate Authority for Advance Ruling, Chennai under Sub-section (1) of Section 100 of CGST ACT/TNGST Act 2017 within 30 days from the date on which the ruling sought to be appealed against is communicated. At the outset, we would like to make it clear that the provisions of both the Central Goods…