Gst

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What is difference between scheme, gift and promotional items from GST point of view and what is the position of ITC a availment in all cases
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If ITC already availed on these items than it dhuld be reverse

However the procedure for reversal in such cases has not been prescribed under the CGST Act/Rules hence a proportionate credit attributable to such schemes/ gifts etc. need to be determined as attributable and then reversed.


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