Block credit
This query is : Resolved
03 May 2019
Hi!!
One Consultancy providing Company is giving gifts to its Customers for sales promotion and taking GST credit on that purchases. My question is that Whether it is block credit or not?
One Consultancy providing Company is giving gifts to its Customers for sales promotion and taking GST credit on that purchases. My question is that Whether it is block credit or not?
03 May 2019
In my opinion, it is a blocked credit hence require reversal
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