Tax on Free Trade Samples
Querist : Anonymous
Whether CST or VAT is applicable on free trade samples?
If yes, under which section of CST act or Delhi VAT Act.
Kindly reply
Guest
For e.g Trader has sold 6 Ball pens @ 10 per pen to retailer but out of which 2 are sample pens
Then invoice should show
ball pen 6 @ 10 60 /-
Less : Discount 20 /-
Bal 40/-
Tax @ 4% 1.60
Total Pay40.60
By Showing this presantation you can reduce your quantity stock and save from VAT or CST Liability.
Querist : Anonymous
considraton can be in form of Material against material, deffred payment, cash payment...etc.
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