{"id":8513,"date":"2025-01-27T19:37:01","date_gmt":"2025-01-27T19:37:01","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=8513"},"modified":"2025-07-08T19:50:19","modified_gmt":"2025-07-08T19:50:19","slug":"specific-issues-challenges-under-valuation-under-gst","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/","title":{"rendered":"Specific Issues &#038; Challenges Under Valuation under GST"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8080\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/GST-bank-account-.jpg\" alt=\"GST bank account\" width=\"1280\" height=\"569\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/GST-bank-account-.jpg 1280w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/GST-bank-account--300x133.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/GST-bank-account--1024x455.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/GST-bank-account--768x341.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/10\/GST-bank-account--800x356.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e731cea9ef4\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e731cea9ef4\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#Specific_Issues_and_Challenges_Under_Valuation_under_GST\" title=\"Specific Issues and Challenges Under Valuation under GST,\">Specific Issues and Challenges Under Valuation under GST,<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#Treatment_of_Discounts_under_Section_15_under_GST_law\" title=\"Treatment of Discounts under Section 15 under GST law : \">Treatment of Discounts under Section 15 under GST law : <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#Post-Supply_Discounts\" title=\"Post-Supply Discounts:\">Post-Supply Discounts:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#Pure_Agent_Rules_Rule_33_of_CGST_Rules\" title=\"Pure Agent Rules (Rule 33 of CGST Rules)\">Pure Agent Rules (Rule 33 of CGST Rules)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#Related_Party_Transactions\" title=\"Related Party Transactions:\">Related Party Transactions:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#Damages_and_Compensation\" title=\"Damages and Compensation:\">Damages and Compensation:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#GST_taxpayers_do_is_charge_IGST_or_CGST_and_SGST_%E2%80%93_In_case_Place_of_Supply_in_Different_state\" title=\"GST taxpayers do is charge IGST or CGST and SGST &#8211; In case Place of Supply in Different state\u00a0\">GST taxpayers do is charge IGST or CGST and SGST &#8211; In case Place of Supply in Different state\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#Important_GST_Filing_Changes_%E2%80%94_Effective_July_2025\" title=\"Important GST Filing Changes \u2014 Effective July 2025\">Important GST Filing Changes \u2014 Effective July 2025<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#1_Locking_of_GSTR-3B\" title=\"1. Locking of GSTR-3B :\u00a0\">1. Locking of GSTR-3B :\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#2_3-Year_Time_Limit_for_Filing_Returns\" title=\"2. 3-Year Time Limit for Filing Returns\">2. 3-Year Time Limit for Filing Returns<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#3_Input_Tax_Credit_Implications\" title=\"3. Input Tax Credit Implications\">3. Input Tax Credit Implications<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.caindelhiindia.com\/blog\/specific-issues-challenges-under-valuation-under-gst\/#Summary_Key_Takeaways%E2%80%94GST_Filing_Changes%E2%80%94Effective_July_2025\" title=\"Summary: Key Takeaways\u2014GST Filing Changes\u2014Effective July 2025\">Summary: Key Takeaways\u2014GST Filing Changes\u2014Effective July 2025<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Specific_Issues_and_Challenges_Under_Valuation_under_GST\"><\/span><span style=\"color: #000080;\"><strong>Specific Issues and Challenges Under Valuation under GST,<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The document titled &#8220;Valuation under GST \u2013 Specific Issues and Challenges&#8221; provides detailed insights into key valuation issues under GST, specifically on topics like post-supply discounts, the concept of pure agents, related party transactions, and damages\/compensation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Treatment_of_Discounts_under_Section_15_under_GST_law\"><\/span><span style=\"color: #000080;\"><strong>Treatment of Discounts under Section 15 under GST law : <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Value of Taxable Supply: Transaction value: Price actually paid or payable. Must meet conditions: Supplier and recipient are not related. And Price is the sole consideration.<\/li>\n<li>Exclusion of Discounts: a. Before\/at the time of supply: Must be recorded in the invoice. b. After supply: Requires pre-supply agreement specifying discount terms (quantum or percentage). Must link discounts to relevant invoices. Recipient must reverse attributable ITC.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Post-Supply_Discounts\"><\/span><span style=\"color: #000080;\"><strong>Post-Supply Discounts:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Discounts provided post-supply can be excluded from the value of supply if they meet conditions under Section 15(3) of the CGST Act.<\/li>\n<li>The discount must be agreed upon in advance, linked to specific invoices, and the recipient must reverse the Input Tax Credit (ITC) on the discounted amount.<\/li>\n<li>Abnormal or arbitrary discounts without criteria may be disallowed.<\/li>\n<li>Ultratech Cement Limited (2018): Discounts must be clearly defined in agreements. And Ambiguous or abnormal discounts are disallowed.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Pure_Agent_Rules_Rule_33_of_CGST_Rules\"><\/span><span style=\"color: #000080;\"><strong>Pure Agent Rules (Rule 33 of CGST Rules)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Definition: Acts on behalf of the recipient of supply, Reimbursement is strictly on actual costs and Holds no title to goods\/services procured. Provides separate invoices for reimbursed costs. To qualify as a pure agent under GST, certain strict conditions must be satisfied:<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Acting as an agent authorized by the recipient.<\/li>\n<li>Reimbursement must be on an actual basis.<\/li>\n<\/ul>\n<\/li>\n<li>Several case laws (e.g., on wages, EPF\/ESI, and fuel reimbursement) highlight challenges in claiming exclusions under the pure agent rule.<\/li>\n<li>Conditions for Exclusion from Value: Authorization by the recipient to incur costs. Clear indication of reimbursed amounts in invoices. And Services procured for the recipient must be in addition to supplier&#8217;s own services.<\/li>\n<li>Prodip Nandi (2022): Salary and wages excluded only if accompanied by an additional service.<\/li>\n<li>Lucknow Producers Cooperative Milk Union Ltd. (2021): EPF\/ESI reimbursements included in value as pure agent conditions were unmet.<\/li>\n<li>Global Vectra Helicorp Ltd. (2021): Fuel costs reimbursed without pure agent evidence are taxable.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Related_Party_Transactions\"><\/span><span style=\"color: #000080;\"><strong>Related Party Transactions:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Transactions with related parties, such as free supplies or services between a partner and a partnership firm, are treated as supplies under GST, even without consideration.<\/li>\n<li>Transactions between related parties (e.g., firms and partners) are taxable even without consideration. GST valuation governed by Rule 28 or 31 depending on ITC eligibility and customizations.<\/li>\n<li>GST valuation rules (e.g., Rule 28 or Rule 31) guide the determination of taxable value.<\/li>\n<li>P.H. Dream Cricket (2022): Complimentary tickets to related parties subject to GST.<\/li>\n<li>Shanmuga Durai (2022): Partner\u2019s property used by a firm for free is deemed a taxable supply.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Damages_and_Compensation\"><\/span><span style=\"color: #000080;\"><strong>Damages and Compensation:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Payments made as damages or compensation are scrutinized for GST applicability under Schedule II of the CGST Act. Scope of Schedule II: Damages\/compensation may not always qualify as &#8220;supply.&#8221;<\/li>\n<li>The rulings emphasize that damages do not qualify as a supply unless there is reciprocity or an obligation agreed upon.<\/li>\n<li>Consideration vs. Contract Condition: Damages are typically for breach or failure to fulfill obligations, not for reciprocal obligations.<\/li>\n<li>Bombay HC (Bai Mamubai Trust): Payment for trespass or illegal occupation is not a supply as it lacks reciprocity.<\/li>\n<li>North American Coal Corporation (2018): Liquidated damages for tolerating delayed supply are taxable under Schedule II.<\/li>\n<li>Court receiver is a department of High Court and fees charged by such office not liable to GST<\/li>\n<li>Basis of payment of royalty (in the interim) is alleged illegal occupation or trespass by defendant<\/li>\n<li>Such payment lacks reciprocity to make it supply under GST<\/li>\n<li>\u201cWhere no reciprocal relationship exists, and the plaintiff alleges violation of a legal right and seeks damages or compensation from a Court to make good the said violation (in closest possible monetary terms) it cannot be said that a &#8216;supply&#8217; has taken place.\u201d<\/li>\n<li>Supply requires enforceable reciprocal obligations \u2013 Does not cover unilateral act or those resulting in payment of damages<\/li>\n<li>Seeking money decree versus suit against illegal occupation \/ trespass (claim will be one of damages)<\/li>\n<li>Quantification does not determine character of payment as consideration<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"GST_taxpayers_do_is_charge_IGST_or_CGST_and_SGST_%E2%80%93_In_case_Place_of_Supply_in_Different_state\"><\/span><span style=\"color: #000080;\"><strong>GST taxpayers do is charge IGST or CGST and SGST &#8211; In case Place of Supply in Different state\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Question: A GST taxpayer provides a supply of service in Gurugram. But party GST No. in Delhi. So what GST taxpayers do is charge IGST or CGST and SGST. Please suggest.<\/p>\n<p class=\"\" data-start=\"0\" data-end=\"60\">Ans : Yes, the GST taxpayer should charge IGST in this case. The basic reason behind this is :<\/p>\n<ul data-start=\"83\" data-end=\"589\">\n<li class=\"\" data-start=\"83\" data-end=\"132\">\n<p class=\"\" data-start=\"86\" data-end=\"132\">Location of Supplier: Gurugram, Haryana.<\/p>\n<\/li>\n<li class=\"\" data-start=\"133\" data-end=\"327\">\n<p class=\"\" data-start=\"136\" data-end=\"327\">Place of Supply: Since the recipient (registered party) has a GSTIN in Delhi, the place of supply is Delhi as per Section 12(2) of the IGST Act, 2017 (for B2B transactions).<\/p>\n<\/li>\n<li class=\"\" data-start=\"328\" data-end=\"589\">\n<p class=\"\" data-start=\"331\" data-end=\"360\">GST Type to be Charged: Since the supplier is in Haryana and the recipient is in Delhi (different states), this qualifies as an interstate supply. As per Section 7(1) of the IGST Act, 2017, interstate supply attracts IGST.<\/p>\n<\/li>\n<li class=\"\" data-start=\"328\" data-end=\"589\">\n<p class=\"\" data-start=\"331\" data-end=\"360\">The taxpayer should charge IGST, not CGST &amp; SGST.<\/p>\n<\/li>\n<\/ul>\n<h2 data-start=\"192\" data-end=\"252\"><span class=\"ez-toc-section\" id=\"Important_GST_Filing_Changes_%E2%80%94_Effective_July_2025\"><\/span><span style=\"color: #000080;\"><em data-start=\"198\" data-end=\"250\">Important GST Filing Changes \u2014 Effective July 2025<\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"253\" data-end=\"323\">New Compliance Rules for GSTR-3B, Return Timelines &amp; ITC Claims :\u00a0To enhance accuracy, compliance discipline, and automation, the GSTN has implemented key updates from July 2025 that affect return filing, correction mechanisms, and the ability to claim Input Tax Credit (ITC). These changes require strict documentation and timely actions.<\/p>\n<h3 data-start=\"613\" data-end=\"645\"><span class=\"ez-toc-section\" id=\"1_Locking_of_GSTR-3B\"><\/span><span style=\"color: #000080;\"><strong data-start=\"620\" data-end=\"645\">1. Locking of GSTR-3B :\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"646\" data-end=\"722\">GSTR-3B now gets auto-populated and locked \u2014 strict edit controls apply:<\/p>\n<ul data-start=\"724\" data-end=\"1094\">\n<li data-start=\"724\" data-end=\"808\">\n<p data-start=\"726\" data-end=\"808\">No manual changes allowed once GSTR-3B is auto-filled from GSTR-1 &amp; GSTR-2B.<\/p>\n<\/li>\n<li data-start=\"809\" data-end=\"866\">\n<p data-start=\"811\" data-end=\"866\">\u00a0Manual editing of outward supplies is restricted.<\/p>\n<\/li>\n<li data-start=\"867\" data-end=\"935\">\n<p data-start=\"869\" data-end=\"935\">Corrections must be made through GSTR-1A, before filing 3B.<\/p>\n<\/li>\n<li data-start=\"936\" data-end=\"1003\">\n<p data-start=\"938\" data-end=\"1003\">Only one correction per tax period is allowed via GSTR-1A.<\/p>\n<\/li>\n<li data-start=\"1004\" data-end=\"1094\">\n<p data-start=\"1006\" data-end=\"1094\">Manual entry remains allowed only for Reverse Charge Mechanism (RCM) liabilities.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1096\" data-end=\"1253\">Double-check GSTR-1 before submission. Any mistake will directly flow into GSTR-3B and may affect ITC availability and output tax liability.<\/p>\n<h3 data-start=\"1260\" data-end=\"1309\"><span class=\"ez-toc-section\" id=\"2_3-Year_Time_Limit_for_Filing_Returns\"><\/span><span style=\"color: #000080;\"><strong data-start=\"1266\" data-end=\"1309\">2. <\/strong>3-Year Time Limit for Filing Returns<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1310\" data-end=\"1377\">Strict timeline implemented for filing any pending GST returns:<\/p>\n<ul data-start=\"1379\" data-end=\"1561\">\n<li data-start=\"1379\" data-end=\"1495\">\n<p data-start=\"1381\" data-end=\"1495\">Returns GSTR-1, 3B, 4, 5, 5A, 6, 7, 8, 9 must be filed within 3 years from their original due date.<\/p>\n<\/li>\n<li data-start=\"1496\" data-end=\"1561\">\n<p data-start=\"1498\" data-end=\"1561\">Returns beyond 3 years cannot be filed after 30 June 2025.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1563\" data-end=\"1705\">\u00a0Immediate Action: File all pending returns for periods before July 2022 by 30 June 2025, else they become permanently barred.<\/p>\n<h3 data-start=\"1712\" data-end=\"1761\"><span class=\"ez-toc-section\" id=\"3_Input_Tax_Credit_Implications\"><\/span><span style=\"color: #000080;\"><strong data-start=\"1719\" data-end=\"1761\">3. Input Tax Credit Implications<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1762\" data-end=\"1819\">More dependency now on system-generated data for ITC:<\/p>\n<ul data-start=\"1821\" data-end=\"2059\">\n<li data-start=\"1821\" data-end=\"1915\">\n<p data-start=\"1823\" data-end=\"1915\">GSTR-2B will strictly determine ITC eligibility based\u00a0on GSTR-1 filed by suppliers.<\/p>\n<\/li>\n<li data-start=\"1916\" data-end=\"1983\">\n<p data-start=\"1918\" data-end=\"1983\">Errors in GSTR-1 = Errors in GSTR-2B = Incorrect ITC in GSTR-3B.<\/p>\n<\/li>\n<li data-start=\"1984\" data-end=\"2059\">\n<p data-start=\"1986\" data-end=\"2059\">ITC claim deadline remains 30 November of the next financial year.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2061\" data-end=\"2196\">The taxpayer must ensure suppliers file GSTR-1 correctly and on time. Reconcile ITC monthly to avoid mismatches and loss of credit.<\/p>\n<h3 data-start=\"2203\" data-end=\"2232\"><span class=\"ez-toc-section\" id=\"Summary_Key_Takeaways%E2%80%94GST_Filing_Changes%E2%80%94Effective_July_2025\"><\/span><span style=\"color: #000080;\">Summary: Key Takeaways\u2014<em data-start=\"198\" data-end=\"250\">GST Filing Changes\u2014Effective July 2025<\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"_tableContainer_80l1q_1\">\n<div class=\"_tableWrapper_80l1q_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" style=\"height: 149px;\" width=\"805\" data-start=\"2234\" data-end=\"2782\">\n<thead data-start=\"2234\" data-end=\"2342\">\n<tr data-start=\"2234\" data-end=\"2342\">\n<th data-start=\"2234\" data-end=\"2258\" data-col-size=\"sm\">Area<\/th>\n<th data-start=\"2258\" data-end=\"2300\" data-col-size=\"sm\">Key Change<\/th>\n<th data-start=\"2300\" data-end=\"2342\" data-col-size=\"sm\">Action Required<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2453\" data-end=\"2782\">\n<tr data-start=\"2453\" data-end=\"2562\">\n<td data-start=\"2453\" data-end=\"2477\" data-col-size=\"sm\">GSTR-3B<\/td>\n<td data-col-size=\"sm\" data-start=\"2477\" data-end=\"2520\">Auto-lock after population<\/td>\n<td data-col-size=\"sm\" data-start=\"2520\" data-end=\"2562\">Correct GSTR-1 before 3B is filled<\/td>\n<\/tr>\n<tr data-start=\"2563\" data-end=\"2672\">\n<td data-start=\"2563\" data-end=\"2587\" data-col-size=\"sm\">Return Filing Limit<\/td>\n<td data-col-size=\"sm\" data-start=\"2587\" data-end=\"2630\">3-year bar on return filing<\/td>\n<td data-col-size=\"sm\" data-start=\"2630\" data-end=\"2672\">File older returns by 30 June 2025<\/td>\n<\/tr>\n<tr data-start=\"2673\" data-end=\"2782\">\n<td data-start=\"2673\" data-end=\"2697\" data-col-size=\"sm\">Input Tax Credit<\/td>\n<td data-col-size=\"sm\" data-start=\"2697\" data-end=\"2740\">GSTR-2B driven &amp; error-sensitive<\/td>\n<td data-col-size=\"sm\" data-start=\"2740\" data-end=\"2782\">Reconcile GSTR-2B monthly<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Specific Issues and Challenges Under Valuation under GST, The document titled &#8220;Valuation under GST \u2013 Specific Issues and Challenges&#8221; provides detailed insights into key valuation issues under GST, specifically on topics like post-supply discounts, the concept of pure agents, related party transactions, and damages\/compensation. Treatment of Discounts under Section 15 under GST law : Value &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[144],"tags":[1140],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8513"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=8513"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8513\/revisions"}],"predecessor-version":[{"id":9265,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8513\/revisions\/9265"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=8513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=8513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=8513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}