query under GST
This query is : Resolved
27 May 2017
Sir,as per GST scenario our Product selling rate of tax under GST falls under 18% tax Slabe.and as per Current scenario My client gives some promotional gifts items (I.e key chains,bags etc.along with Material. and under GST above said Gifts Item falls under 28% slabe.now question is what would be rate of tax of product under Mix supply (i.e 18%----28%) and also pls advise the solution of sending the free gifts items to customers.
27 May 2017
This transaction will not cover under mix supply.
19 July 2025
Scenario = GST Rate Applied
Mixed supply (18% + 28%) = 28% on the entire supply
Gifts bundled with product = GST @ highest rate (28%) on total value
Gifts sent separately < ₹5,000/yr = Possibly exempt
Mixed supply (18% + 28%) = 28% on the entire supply
Gifts bundled with product = GST @ highest rate (28%) on total value
Gifts sent separately < ₹5,000/yr = Possibly exempt
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
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Surcharge on pvt discretionary trust
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
