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fringe benefits on gifts

This query is : Resolved 

19 December 2007 COMPANY MADE GIFT TO CUSTOMER IN LUCKY DRAW SCHEME UNDER SALES PROMOTION
THIS ENTRY INCLUDE IN SALES PROMOTION OR GIFT.
WHAT IS INCLUDED FOR THE PURPOSE OF GIFT
GIFT TO EMPLOYEES
GIFF TO CUSTOMER
GIFT TO GOVERMENT SERVANT

25 December 2007 All included

08 March 2008 The gift to customers if inclueded in sales promotion will attract FBT. It is better to include this under Selling Expenses-Promotional Incentive Material




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