Donation to flood

147 views 7 replies
if a person donate goods to flooding areas...is gst applicable to him....he can a deduction in 80G...but how about GST monthly returns
Replies (7)

Its not a sale, its goods given out free so it wont be reflected in GST

Just and entry reflecting transaction in books is must

No GST impact                                   

Itc has to be reverse on free given goods
Yes, ITC has to be reversed for free given goods as per the gst act.
can you please tell me the section

SECTION 17(5) CGST ACT


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register