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?
19 May 2011
Input on such sample, if received freeof cost, can not be taken
Message likes :
1 times
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 :
1 times
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
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
