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REG:Implication on outward tax and ITC on gift or free samples

ITC / Input 289 views 3 replies
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Article Assisstant
233 Points Posted on 29 January 2019
kindly advice whether gift given by the supplier to an institution as gift will attract GST and also whether ITC can be availed?
what if it is a form of sales promotion ?
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On 29 January 2019 at 22:14 Report
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Self employed
2193 Points Posted on 29 January 2019
Its specfically blocked u/s 17(5) - Free samples and destroyed goods

No ITC is available for goods lost, stolen, destroyed, written off or given off as gift or free samples.
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On 29 January 2019 at 23:52
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Student
290 Points Posted on 30 January 2019
Gift or free samples can not be termed as Supply...
Therefore no gst will be attracted.
Sec.7 read with Schedule I para 2

No ITC on free or samples.. Sec.17(5)(h)
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On 30 January 2019 at 00:02
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7059 Points Posted on 02 March 2019
thank you and congratulations
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On 02 March 2019 at 00:25


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