free article

No need to charge... ans itc also not available

if you are giving as a gift and value is more than 50k then it will be treated as supply then you need to charge gst and youcan also claim input

I am into fmcg distribution network
and many companies give schemes like buy 5pes and get 1pes free
the problem is I have to give free pes now and I will be getting the credit note for that particular pes after two three months
then also I can give free pes now and accept credit note for that

As per para 2 of schdule 1, supplies between related or distinct person without consideration is treated as supply as a result the free supplies between unrelated person is not a supply hence ITC is to be reverse .

so in GST its better option is to issue the cnt to your dealer for free pcs & Reverse the your sale with GST output & for the same the cnt received from company reverse your purchase with ITC

Good explanation Pankaj sir...