https://www.taxtmi.com/forum/issue?id=114528 Gifts for business promotion may be treated as supply even without consideration and, if they constitute exempt or excluded supplies, ITC cannot be claimed and proportionate reversal of ITC is required; employee gifts are addressed by a specific proviso that limits credit for such distributions. en-us Mon, 21 Jan 2019 12:25:28 +0530 Thu, 23 Jan 2025 15:55:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114528 Gifts for business promotion may be treated as supply even without consideration and, if they constitute exempt or excluded supplies, ITC cannot be claimed and proportionate reversal of ITC is required; employee gifts are addressed by a specific proviso that limits credit for such distributions. Discussion-Forum GST Mon, 21 Jan 2019 12:25:28 +0530 https://www.taxtmi.com/forum/issue?id=114528