banner_ad

ITC ON FREE ITEMS

Others 354 views 5 replies
User Avatar

UN EMPLOYEE
57 Points Posted on 22 November 2020
CAN I CLAIM ITC ON GOODS WHICH WERE GIVEN FREE TO COSTUMERS ON PURCHASE OF WORTH CLOTHES 3000
0 Reply Share Follow
On 22 November 2020 at 17:21 Report
Replies (5)
User Avatar

Student
23693 Points Posted on 22 November 2020
No Sir you cannot claim ITC on goods distributed as Free Samples, Gifts, disposed off or written off, as it is specifically BLOCKED under Section 17(5) clause (h) of the CGST Act 2017. You need to reverse the ITC on these goods.
Reply
On 22 November 2020 at 19:26
User Avatar

Tax consultant
5895 Points Posted on 22 November 2020
On free sample there is no itc
Reply
On 22 November 2020 at 21:07
User Avatar

1313 Points Posted on 22 November 2020
U/S 17(5) of GST act 2017, ITC on taxes paid on goods written off or disposed by way of gifts or free samples is specifically blocked.
Reply
On 22 November 2020 at 22:42
User Avatar

GST Practitioner
55067 Points Posted on 23 November 2020
No ..... It is block u/s 17(5)
Reply
On 23 November 2020 at 00:10
User Avatar

CA
1258 Points Posted on 06 December 2020

ITC cannot be claimed if goods were distributed as free samples

Reply
On 06 December 2020 at 23:22


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details