GST - Post-Sale Discount - Let's avoid stirring Hornet's Nest!

Advance rulings do not represent lis. They do not arise out of dispute. Assessees voluntarily seek advance ruling. These can hardly be considered as disputes. Many Advance rulings show that the assessees have been overcautious is seeking the ruling. Other cases in the HC mainly relate to seizure and release of goods, or transitional credit, or difficulties faced with refund or filiing of returns. Such numbers are not alarmingly large. We are yet to see dispute in GST on core issues like classification, valuation, denial of credit, disputes about discounts, debit notes, credit notes etc. That won't happen, until annual return is filed, and IRS babus find time to detect errors and disputed points.

Gururaj B N 28/04/2019