CBIC Issues Clarification on GST Treatment of Secondary & Post-Sale Discounts

The CBIC has "issued a clarification on the GST treatment of secondary (post-sale) discounts." This is a significant setback for the company and highlights the challenging business environment it faces. The move is a significant step towards a more user-friendly and less intrusive business environment, is aimed at promoting business growth while being sensitive to the practical difficulties faced by businesses. This is a crucial reminder to all businesses that they must be diligent in their dealings.