Kindly guide
applicability of GST on promotional products giving free on purchase of Taxable products.
example: pencil is giving free on purchase of pen.
srinivasu yarramsetti (1 Points)
02 December 2018
Sundararajan S
(Final Student of ICAI)
(1764 Points)
Replied 02 December 2018
mohit
(accountant)
(142 Points)
Replied 02 December 2018
RAHUL
(Student CA Final )
(377 Points)
Replied 02 December 2018
No GST is leviable on pencil as the value thereof is 0. Further no need to reverse ITC if pencil is received from the supplier free of cost.
pritesh
(CA Final student)
(7101 Points)
Replied 02 December 2018
Sundararajan S
(Final Student of ICAI)
(1764 Points)
Replied 02 December 2018
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