FREE OFFER SALES AND COMPLEMENTS

This query is : Resolved

ravichandra (Querist)
Follow

24 March 2023 we are in FMCG field . Some times we will gift our products to our customers and others as free samples , some times as complementary and some time 1+1 offer sales (1 will calculate GST and other will be paid by us). In all the above scenarios we will pay GST . So how to show the above GST payments in GSTR 1 , GSTR 3B , GSTR 9 and GSTR 9C Returns.

Where we have to show this amount in GST R 9 & 9C as well as in Balance sheet.

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

27 March 2023 Whenever the goods are supplied free of cost, as such no compliances are involved and thus, the supply would not consider a taxable supply, as per section 7 of the CGST Act. The ITC will not be available for such supply.