i send some items in our customers for
sample for Rajasthan party and i m in bihar
so i should reverse itc
question is what should i reverse cgst or igst
i dont want to calculate packing or raw material
simply i will calculate that this product before samplings cost rs 100 and gst rate is 18%
Yes reversal of ITC is required on free supplies.
have to reverse under head in which you have claimed ITC for the same
CAclubindia
