Urgent clarification needed on issuing GST credit notes for pre-rate change stock. Understand the implications of new MRP labels and how to reverse GST liability without returning ...

The 56th GST Council simplifies credit notes for post-sale discounts. Learn about the new rules, including de-linking from ...

The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit ...

Discounts given by manufacturers to dealers for competitive pricing are not considered as GST for further supplies to ...

The circular also stated that post-sale discounts given by manufacturers to dealers would not be treated as consideration for ...

Industry body welcomes new GST reforms but urges council to address Issues impacting automobile, beverage, pharma sectors and ...

GST Council move to ease rules on post-sale discounts welcomed by experts, expected to cut litigation and provide relief for ...

The GST Council has eased compliance for businesses by eliminating the need to link credit notes to specific invoices, a move ...

Unless FMCG companies provide a clear mechanism for price adjustment, credit notes or compensation, distributors will suffer ...

FMCG industry faces challenges ahead of new GST rates, with distributors and retailers seeking credit notes and price ...