Itc on Promotion

Anoop Bansal (student ) (199 Points)

22 July 2020  
Good Evening
An entity has sold goods to a distributor. The distributor has gave them free on promotion to a chef. Now the entity is reimbursing the distributor by issuing a credit note of the value of items given.
I want to ask whether the entity is required to do gst reversal on that credit note.