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GST Applicabilty on Goods distributed as free samples
If I distributing a goods as free sample for business promotion then whether i want to charge GST on the same or not?
Replies (9)
No gst not applicable
nice video on this topic by kamakshi khandelwal in u tube
Distribution of goods as free sample comes under definition of supply.. So gst is applicable
As the sample comes under definition of Supply, GST should be accordingly charged and pay. However you should not avail the input tax credit of goods which is supplied under sample.
yes GST applicable -Schedule 1 permanent transfer of business assets without consideration
Valuation-Rule 28/29/30 as the case may be.
Valuation-Rule 28/29/30 as the case may be.
As per rule.,
GST applicable for Free Samples...
If you charge GST on that Free Samples then you can avail the ITC benefits for the Purchases of the Goods (Free Samples)...
If you can't charge GST for that Free samples then you can't avail the benefit of ITC and You ll reverse the ITC.....
GST applicable for Free Samples...
If you charge GST on that Free Samples then you can avail the ITC benefits for the Purchases of the Goods (Free Samples)...
If you can't charge GST for that Free samples then you can't avail the benefit of ITC and You ll reverse the ITC.....
Gst is not applicable on free samples of goods as there is no consideration is received against that sample.... And itc should be reversed on that free sample..... If u charge for sample goods then gst is applicable
Raja Ji and Diwakar Ji 100% absolutely right
Yes...
GST applicable or GST Reversable...
Gst not applicable.... as sec 7 defines supply definition that must be in consideration except schedule -1 that specify certain supply to deemed as supply although without consideration.
As per your query, sample that are free, I. e. without consideration, accordingly no Gst applicable
As per your query, sample that are free, I. e. without consideration, accordingly no Gst applicable
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