Hi,
supply of free samples, can we charge gst on it?
yes,
you charge gst on it.
5 Replies
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 11 June 2018
GST on Free sample ??? Why .. has to deposit ??
CA Padmasri Manyam
(CA in Practice)
(1340 Points)
Replied 11 June 2018
Free samples to the customers who are not related persons - no consideration is received. Hence, the activity does not qualify as supply.
as per Section 17(5)(h), input tax credit of GST paid on procurement of such goods shall be reversed.
Vinod Babu
(24191 Points)
Replied 11 June 2018
Yes you are right mam.
Itc taken of goods given for free sample should be reversed.
Itc taken of goods given for free sample should be reversed.
Recent Topics
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
Related Threads
CAclubindia
