Our company purchase some gift for sales promotion. Promotion period is over. Some gift items are still in stock. All these are already expense out at the time of purachase.
What should we do with this.
Is sale to staff possible?
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Sales promotion gift
Replies (1)
Yes you can sale it but same will be liable for GST if gst registered
or show the sale as miscellaneous income (GST also applicable here)
or show the sale as miscellaneous income (GST also applicable here)
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