Free sample regarding
This query is : Open
CA ALPESH SOMANI
(Querist)
02 December 2017
WHAT IS THE TREATMENT OF FREE SAMPLE FOR GST PURPOSE AND FOR ACCOUNTS PURPOSE.
Udaya Chandran
(Expert)
02 December 2017
You need to reverse the equal ITC for the samples given.
CA ALPESH SOMANI
(Querist)
02 December 2017
Free Sample are Manufactured.
Udaya Chandran
(Expert)
02 December 2017
GST is applicable only when the goods are supplied.
02 December 2017
In case it's from manufacturing end. The mfg ll be charge GST on samples or reverse the Tax component from the ITC....
CA ALPESH SOMANI
(Querist)
04 December 2017
What is the basis to reverse itc on input used in free sample.
whether is on cost basis or other basis
whether is on cost basis or other basis
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