GST credit is not allowed if you distribute the goods as free samples. In this case since no consideration was paid, the seller cannot claim input tax credit ( ITC ) of such inputs
ITC on distribution
Quick Summary
Agree with bhavika
Recent Topics :
- Bill-to-ship-to material at client site, project c
- Export previously now to be considered domestic sa
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
Related Topics :
CAclubindia
