Billing for samples
This query is : Resolved
15 November 2017
Dear all,
In pharma, we need to issue the samples to various doctors and institutes.
since the amount of invoice should not be collected from them, we first raise the invoice with GST and then issue the credit note for full value.
is there any other option for invoicing of material supplied as samples?
please help
In pharma, we need to issue the samples to various doctors and institutes.
since the amount of invoice should not be collected from them, we first raise the invoice with GST and then issue the credit note for full value.
is there any other option for invoicing of material supplied as samples?
please help
16 November 2017
Generally under GST, barter system has also been included which means free items / samples are subjected to GST. In your case, credit note seems to be the method.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- ASMT-10 received from A O
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- IT returns for fresh job holders
- ITR-Capital Gain
- Reporting in TDS return
- Traces submitting correction statement error
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
