alleryStart learning →A post-supply discount is excluded only if the recipient has reversed
Athe output tax on supply
Bthe attributable input credit
Cthe entire invoice value
Dthe reverse charge liability
Answer & Solution
Correct answer: B. the attributable input credit
Section 15(3)(b) requires an agreement linked to invoices and reversal of the attributable input tax credit by the recipient.
Keep practising Place of Supply
Browse all Place of Supply questions for CA Final, or explore more Indirecttaxlaws topics.
Related questions
A principal supply is the predominant element to which others areA mixed supply is taxed at the rate of theA gift pack of canned food, sweets, drinks and juices for one price is aA mixed supply is a combination supplied for a single price which isPacking, transport and insurance with goods are a composite supply. The principal supply iA composite supply is one whose supplies areMembers of the same family areTwo persons who are both controlled by a third person are