Business Standard

Letter to BS: Controversy remains after CBIC removes circular on GST

What else could explain the fact that notwithstanding the withdrawal thereof by the CBIC, its over-enthusiastic field officers continue to harass the dealers

GST
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Business Standard
This refers to “Indirect tax board removes circular on GST, but confusion remains” by Indivjal Dhasmana (October 7). It was intriguing to learn that despite the Central Board of Indirect Taxes and Customs (CBIC) removing a controversial circular that imposed goods and services tax (GST) on post-sale discounts by dealers, the resultant confusion -- that arose with the issuance of the said circular -- simply refuses to go away. Mind you, this board had unimaginatively issued a circular (in June 2019) which said that dealers will have to pay 18 per cent GST on the entire amount of the post-sale

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