Section No. 15 - Value of taxable supply
Circular Issued - Number and Date |
Brief Details |
Amended |
Superseded |
Rescinded |
Remark, If any |
|---|---|---|---|---|---|
92/11/2019 - GST 07.03.2019 |
Clarification on various doubts related to treatment of Sales Promotion Schemes under GST |
It clarifies on issues of taxability, valuation, availability or otherwise of ITC on free samples and gifts, Buy one get one free offer; discount including ‘Buy one, save more” offers, secondary discounts. |
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102/21/2019 - GST 28.06.2019 |
Clarification regarding applicability of GST on Additional/Penal Interest-Reg. |
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105/24/2019 - GST 28.06.2019 |
Clarification on various doubts related to treatment of secondary or post-sales discount under GST. |
Also refers to circular No. 92/11/2019-GST, dated 07.03.2019. |
Withdrawn vide Circular No. 112/31/2019-GST, dated 03.10.2019
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204/16/2023 - GST 27.10.2023 |
Clarification regarding applicability of GST on Additional/Penal Interest-Reg |
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210/4/2024 - GST 26.06.2024 |
Clarification on Valuation of Supply of Import of Services by a related person where recipient is eligible to full Input Tax Credit-Reg |
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212/06/2024 - GST 26.06.2024 |
Clarification on Mechanism for providing evidence of compliance of conditions of Section 15(3) (b) (ii) of the CGST Act 2017 by the suppliers |
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214/8/2024 - GST 26.06.2024 |
Clarification on the requirement of reversal of input tax credit in respect of the portion of the premium for life insurance policies which is not included in taxable value-Reg |
Also relevant for Rule 32/42 of the CGST Rules, 2017.
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225/19/2024 - GST 11.07.2024 |
Clarification on various issues pertaining to taxability and valuation of supply of services of providing corporate guarantee between related persons-Reg
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Also refer to the rule 28 of the CGST Rules, 2017
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