UNder what section of vat free samples are exempted from vat?
RAJU
(LEARNER)
(1089 Points)
Replied 04 February 2009
Free samples will not fall within the definition of `Sale`. As there will be no consideration, it will not not come under the purview of Sale as per Sale of Goods Act read-with definition of sale given in VAT laws.
CAclubindia
