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Itc on gst paid for free sample


16 September 2017 I have purchased bags by paying GST. I want to distribute this as Diwali Gift.
Now as it is distributed free of cost then can I take ITC on tax paid. Pls specify the laws related to this.

16 September 2017 ITC is not eligible on goods given as gifts (Section 17 (5) of the CGST Act).

16 September 2017 No... ITC can't available for free goods. Also you took it at the time of purchase you ll revise the ITC amount....


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