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FBT on products given against target sales

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(Querist)
07 January 2008 Kindly do let me know if a company offer products instead of credit notes to distributors/ratailers against goods lifted,will it attract FBT?
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Jitender

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Jitender (Expert)
08 September 2008 this is not liable to fbt as per circulat issued on fbt. 8/2005.

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