There is a trader who sells spare parts. He gives towels as sales promotions when a particualr dealer achives a certain target. can ITC be claimed on towels purchased?
There is a trader who sells spare parts. He gives towels as sales promotions when a particualr dealer achives a certain target. can ITC be claimed on towels purchased?
yes, free given based on target achieved.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
