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FBT on Banners etc

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(Querist)
22 September 2008 Is FBT Applicable AY 2008-09 on Free distribution printed logo of co in Banner,hoarding,T-shirts,cap,wrist watch,Hanging Banner,trolly etc to promote co beverage product.
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CA Pawan Goswami

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CA Pawan Goswami (Expert)
22 September 2008 No, FBT is not applicable on Banner & hoarding . Other mode used to promote the business is liable to FBT.
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Taxguy

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Taxguy (Expert)
22 September 2008 No FBT as long the distribution is not to your employees but to strangers.
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