WHAT WE CAN SHOW FREE QUANTITY OR SCHEME QUANTITY IN GST SALES INV.AS GST ACT

This query is : Resolved

kashi ram (Querist)
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16 June 2021 Respected Sir,
We are traders of cold drinks item , we have cold drink trading to our customer with scheme item in gst inv.
for example
sale qty- 10 carton, GST paid
free/scheme qty - 2 carton Free
total - 12 caton
as per GST act we can give scheme qty or free qty to our customer
Please guide me

CA Altamush Zafar

CA Altamush Zafar (Expert)
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16 June 2021 Show it as discount in the invoice itself.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 June 2021 Yes, Such schemes are allowed under GST, you can give.

CA Puja Sharma

CA Puja Sharma (Expert)
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17 June 2021 Yes, you can give such schemes.
On the invoice you will mention the correct quantity. Under the discount mention the details of 2 quantity.
Further, in my opinion you should reverse the ITC on the 2 quantities you have given for free.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 June 2021 No need for reversal of ITC in such schemes.
It's not a free gift it's only trade discount.