sample distribution
This query is : Resolved
18 May 2011
Are sample distributed at free of cost is given to customers can excise duty is liable to pay?
And inputs on such sample can be taken for credit?
And inputs on such sample can be taken for credit?
CA. Krishna K Neeraj
(Expert)
19 May 2011
Input on such sample, if received freeof cost, can not be taken
Message likes :
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20 May 2011
I do not agree with Mr Krishna.
Excise Duty is applicable on free samples distributed among customers.
Cenvat Credit is allowable on input/s of such samples whether it is received free or otherwise, provided supplier have issued proper Invoice under rule 11.
Excise Duty is applicable on free samples distributed among customers.
Cenvat Credit is allowable on input/s of such samples whether it is received free or otherwise, provided supplier have issued proper Invoice under rule 11.
Message likes :
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