The Government of Odisha on September 23, 2026, issued the Odisha Goods and Services Tax (Amendment) Bill, 2026, further to amend the Odisha Goods and Services Tax Act, 2017.
The following has been stated: -
•The amendment to the Odisha Goods and Services Tax Act, 2017 modifies Sections 15, 34 and 54 concerning post-supply discounts, credit notes and tax refunds.
•Post-supply discounts will be excluded from the value of supply where the supplier issues a credit note and the recipient reverses the attributable input tax credit (ITC) in accordance with Section 34.
•Section 34 is amended to permit credit notes for such discounts.
•Section 54 is revised to include refunds of unutilised ITC under the specified provision and excludes refunds relating to exports made with payment of tax from the restriction under Section 54(14).
The detailed notification is given in the document below.
[Notification No.: 6274/LA]
