sample product sales.
NAGA (ACCOUNTANT) (518 Points)
03 October 2017
Sir, I sold free sample product, is transaction where i show in GSTR 1. (taxable item).
2 Replies
Muralidharan Rajalingam
(209 Points)
Replied 03 October 2017
My suggestion is to raise a regular Invoice with zero value by showing discount 100. Also simultaneously reverse the input credit
g mahesh Mundra
(Business and tax consultant)
(3296 Points)
Replied 03 October 2017
yes I agree with Murali if you sold the product at zero value you have to reverse ITC of full value you cannot enjoy ITC for the same product
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