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Post-sale discount not taxable under GST, clarifies CBIC
The New Indian Express Kannur
|September 15, 2025
The government has clarified that routine post-sale discounts will remain outside the ambit of GST unless such discounts are tied to certain specified 'taxable' activities.
The Central Board of Indirect Taxes and Customs (CBIC) has issued guidelines on goods and services tax (GST) treatment of post-sale discounts, aiming to bring clarity and reduce litigation in an area that has long been contentious for businesses.
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FLERE HISTORIER FRA The New Indian Express Kannur
The New Indian Express Kannur
2.8L Indian jobs on the line as Trump slaps $IL H-1B fee
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The New Indian Express Kannur
India vs Pak: Sports no longer tool of diplomacy
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1 min
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The New Indian Express Kannur
2.8L Indian jobs on the line as Trump slaps $1L H-1B fee
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2 mins
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The New Indian Express Kannur
At Ayyappa meet, Pinarayi makes a political statement
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The New Indian Express Kannur
DADASAHEB PHALKE AWARD FOR MOHANLAL
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1 mins
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The New Indian Express Kannur
I don't want you!
THE Trump administration on Saturday imposed a fee of $1,00,000 per year on each H-1B visa holder, dealing a body blow to the 2,83,397 (71%) skilled technology workers from India, as per 2024 data.
2 mins
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The New Indian Express Kannur
Will soon reveal 'H-bomb' to expose 'vote theft': Rahul
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1 min
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The New Indian Express Kannur
INVOKES BHAGAVAD GITA At Ayyappa meet, Pinarayi makes a political statement
QUOTING from Bhagavad Gita to delineate qualities of a true devotee and pitching Sabarimala as a rare shrine that embodies secular spirituality, Chief Minister Pinarayi Vijayan on Saturday donned an all-new avatar.
1 min
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The New Indian Express Kannur
Stunned techies scramble to US, scrap fly out plan
THE abrupt announcement by the US to levy an annual fee of ₹88.13 lakh on H1-B visa holders from September 21, with a mere 36-hour window, stunned Indian techies living in the US as well as those planning to visit the country.
1 min
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The New Indian Express Kannur
Court flags discrepancies in gold plating records of Sabarimala idols
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1 min
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