Dear Friend
Free Samples are liable Under GST?
Menu
Free Sample
Replies (8)
No, but it need to transfered in separate invoice mentioning free sample.
On free sample GST applicable as per GST input credit rules , need to be reverse input credit
Yes. GST applicable....
Hitendra Dave is said exactly correct....
Hitendra Dave is said exactly correct....
If Free Samples is Rs. 1000 it's take rate is 18%. Then, you can collect the taxable value. If not you can pay it.....
According to credit provisions in the GST Act, input tax credit shall not be allowed for goods lost, stolen, destroyed, written off or disposed of by way of gift or free samples.
free sample is use for furtherance of business so it's is taxable
| Originally posted by : RAJA P M | ||
 |
Yes. GST applicable.... Hitendra Dave is said exactly correct.... |  |
But in free sample only goods are supplied and there is no consideration received.
Then how the GST would be applicable..??
FREE SAMPLE : No GST on Free sample, as GST levied on transaction amount and here transaction amount is NIL.
But as per guidelines regarding exception from ITC free samples are also there, so no ITC can be claimed on tax paid on Free samples inward.
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
