Clarification Required, Medicines Supply 10+2 (10 Valued and 2 Free Units) of same Item.
Does 2 Units supplied attracts GST with valuation by same price of 10 Valued ?
2 Replies
GANESH RAMCHANDRAN
(cfo)
(27 Points)
Replied 10 July 2017
check this opinion where it says ,tax not applicable .
Attached File : 638307 20170710143729 taxation on free supply.pdf downloaded: 203 times
Nilkanth Muley
(Software Developer)
(81 Points)
Replied 10 July 2017
Pharma Companies Deducting Credit Note from VAT Era in GST Invoices, How a Dealer can Input it in his Accounting Software.
When Govt. Asks each and every Overheads (Add/Less) with GST Effects how can Companies Deduct Credit Notes in GST Invoices ?
We as Software Developers ask them to feed Credit Note as Separate Voucher with GST Effects but Customers are Insisting us to Provide the same in Purchase Bill. Huge Jam will become at 15 to 20 of each Month for Mismatch of Purchases.
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