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free gifts given to coustmers

saieesh kethavarapu (2 Points)

08 February 2018

is ITC available in gst for purchase of free gifts for coustmer.

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4 Replies

RAJA P M ("Do the Right Thing...!!!") (127483 Points)
Replied 08 February 2018

No.... Not available...

Mondira Saha (GST) (3925 Points)
Replied 08 February 2018

no you cant claim ITC on it ... if claim already you need to reverse that ...

Thirumalaisami Thangavel (41 Points)
Replied 11 February 2018

For promotional purpose we give key chain, t-shirt and bags with our logo to customers.
What is the availability of ITC on purchases of above items.

Mondira Saha (GST) (3925 Points)
Replied 11 February 2018

no ITC on it

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