Hi
When products distributed as samples, ITC of these goods have to reversed or can I claim ITC on these goods.
It has to be reversed u/s 17(5) of the Act
(h) goods lost, stolen, destroyed, written off or disposed of by way of gift or free
samples
REVERSE IT
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
