Gst credit taken or not

399 views
User Avatar

Accountant
31 Points Posted on 14 February 2018

Dear All Expert,

I have Query on GST Credit of Sales Promotion.

Actual we are manufacture. When we are sales at that time we send some articles as a sales promotion. This article Purchase at that time

we credit on this Sales Promotion item and this article gives with sales product. Can We takes ITC On this Please Help on this Matter.

0 Reply Share Follow Topic
On 14 February 2018 at 16:59 Report
Replies (6)
User Avatar

"Do the Right Thing...!!!"
77792 Points Posted on 14 February 2018
If You give free of cost then you can't claim ITC...
2 Reply
On 14 February 2018 at 17:34
User Avatar

Accountant
31 Points Posted on 14 February 2018
but I am expense for increased sales
Reply
On 14 February 2018 at 18:51
User Avatar

Student CA IPC / IPCC
26 Points Posted on 14 February 2018
yes u can take itc
Reply
On 14 February 2018 at 20:03
User Avatar

"Do the Right Thing...!!!"
77792 Points Posted on 14 February 2018
Originally posted by : Piyush
but I am expense for increased sales

No way... If you give promotional part. No more supplies with GST. So, the related purchase ITC can't consume by You...
1 Reply
On 14 February 2018 at 20:28
User Avatar

Proprietor
134 Points Posted on 15 February 2018
better charge some amount say rs. 1 for promotional products
Reply
On 15 February 2018 at 06:10
User Avatar

Accountant
35 Points Posted on 15 February 2018

Sir, what would be if we charged Rs.1/- for sales promotion items. Can we take itc on that transections after it.

Reply
On 15 February 2018 at 12:56

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Clarifications for intra day transactions
  2. CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
  3. 70:30 GST rule for solar EPC: partial scope (struc
  4. TDS on Redevelopers hardship allowance received no
  5. Who will take FSSAI AND TRADE LICENSE: owner or te
  6. E Way Bill in respect of Without Bringing Material
  7. FAST DS 2026 query
  8. Consultation
  9. E-way notices for FY 22-23
  10. Gst file not created

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details