TaxTMI 
TaxTMI 
TaxTMI 
Q1.Kind Gifts(Gold Coins) to Customers attract GST?
Q2- Product samples given to Customers attract GST?
How to show gst on outward of gifts to customers ?
Kind Gifts(Gold Coins) to Customers attract GST?
RameshBabu Kari
Debate on GST Applicability: Are Gold Coin Gifts and Product Samples Taxable? Differing Interpretations Emerge. A discussion on whether gifts, specifically gold coins, and product samples given to customers attract GST. One participant cited a notification stating that gold/silver coins given as gifts are considered a supply and are liable to a 1.5% CGST. Samples are also taxable unless exempted by a specific notification. Another participant argued that there is no GST on gifts or samples due to the lack of consideration, but any input credit taken must be reversed. The discussion reflects differing interpretations of GST applicability on gifts and samples. (AI Summary)