https://www.taxtmi.com/manuals?id=1769 Assessment of drugs and formulations under GST is on the basis of transaction value at each level of supply with an end to end ITC chain to neutralise GST paid at procurement. Physician samples free of cost require reversal of ITC under Section 17(5)(h) and attract no tax where value is zero and no credit was availed. Transitional credits and movement/destruction of expired goods follow specified provisions and time limits under Sections 34, 140 and Rule 117. en-us Mon, 07 Jan 2019 13:01:00 +0530 Mon, 07 Jan 2019 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1769 Assessment of drugs and formulations under GST is on the basis of transaction value at each level of supply with an end to end ITC chain to neutralise GST paid at procurement. Physician samples free of cost require reversal of ITC under Section 17(5)(h) and attract no tax where value is zero and no credit was availed. Transitional credits and movement/destruction of expired goods follow specified provisions and time limits under Sections 34, 140 and Rule 117. Manuals GST Mon, 07 Jan 2019 13:01:00 +0530 https://www.taxtmi.com/manuals?id=1769