free of cost sale

treatment of free of cost good supply in gst
Replies (1)

Hello,

 

S.7 deals with supply, primarily no consideration will mean no supply.

 However deeming provisions have to be looked into i.e., Schedule I of GST Act. 

Therefore, no consideration may not necessarily mean no supply, facts of each case have to be looked into.

 

I hope this helps :)

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