Dear Friend
Free Samples are liable Under GST?
8 Replies
sushit shishul
(338 Points)
Replied 27 July 2017
No, but it need to transfered in separate invoice mentioning free sample.
Hitendra Dave
(B.Com)
(45 Points)
Replied 27 July 2017
On free sample GST applicable as per GST input credit rules , need to be reverse input credit
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 27 July 2017
Yes. GST applicable....
Hitendra Dave is said exactly correct....
Hitendra Dave is said exactly correct....
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 27 July 2017
If Free Samples is Rs. 1000 it's take rate is 18%. Then, you can collect the taxable value. If not you can pay it.....
chandrabhanu saxena
(accountant)
(25 Points)
Replied 28 July 2017
free sample is use for furtherance of business so it's is taxable
Anurag Agarwal
(CA Final, Advocate)
(292 Points)
Replied 28 July 2017
| Originally posted by : RAJA P M | ||
 |
Yes. GST applicable.... Hitendra Dave is said exactly correct.... |  |
But in free sample only goods are supplied and there is no consideration received.
Then how the GST would be applicable..??
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 28 July 2017
FREE SAMPLE : No GST on Free sample, as GST levied on transaction amount and here transaction amount is NIL.
But as per guidelines regarding exception from ITC free samples are also there, so no ITC can be claimed on tax paid on Free samples inward.
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