GST treatment of sales promotion schemes clarified: uniform rules on taxability, valuation and input tax credit for promotional offers. Clarification addresses GST tax treatment of sales promotion schemes under Circular No. 92/11/2019, identifying free samples and gifts, buy one get one offers, discounts (including 'buy more, save more'), and secondary discounts, and directing uniform application of rules on taxability, valuation and availability of Input Tax Credit for these schemes; field formations and trade are instructed to follow the circular's detailed guidance.
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Provisions expressly mentioned in the judgment/order text.
GST treatment of sales promotion schemes clarified: uniform rules on taxability, valuation and input tax credit for promotional offers.
Clarification addresses GST tax treatment of sales promotion schemes under Circular No. 92/11/2019, identifying free samples and gifts, buy one get one offers, discounts (including "buy more, save more"), and secondary discounts, and directing uniform application of rules on taxability, valuation and availability of Input Tax Credit for these schemes; field formations and trade are instructed to follow the circular's detailed guidance.
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