Dear Experts Pls advice,
I make plan to sell products easily as, I purchase refrigerator & home theatre from a registered supplier.. If customer buys refrigerator, then he eligible to get gift as free of cost.. But I compensate home theatre cost + profit into refrigerator..
How would I raise sale invoices to file return?
How do I setoff in books?
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Taxable Goods + Gift(Taxable)
Replies (3)
No ,....if you showing only Refrigerator in bill & giving free home theater then has reverse the ITC on purchase of Home theatre
Hence show both refrigerator & home theaters value on bill & charge GST on the same , now from total you can reduce the value of home theater.
Hence show both refrigerator & home theaters value on bill & charge GST on the same , now from total you can reduce the value of home theater.
Good advice.......
Thanks for the Reply friends...
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