GST InpuT Tax Credit not available on Goods given as Gifts /Free Samples
Whether input tax credit available on taxable goods, which are given free as gift etc. for sales promotion? As per Section 17(4) [Apportionment of credit and blocked credits] of Revised Model GST Law – input tax credit shall not be available in respect of the following: ….. (g) goods lost, stolen, destroyed, written off or… Read More »