https://www.taxtmi.com/circulars?id=60780 Clarification holds that free samples and gifts supplied without consideration are not supply except as covered by Schedule I and generally attract no Input Tax Credit for the supplier; 'buy one get one free' offers are treated as multiple supplies priced together with ITC allowable for inputs used; invoice-disclosed or pre-agreed discounts may be excluded from value if statutory conditions are met with corresponding ITC adjustments, whereas secondary post-supply discounts via credit notes remain part of value unless statutory criteria are satisfied. en-us Thu, 02 May 2019 00:00:00 +0530 Sat, 04 May 2019 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60780 Clarification holds that free samples and gifts supplied without consideration are not supply except as covered by Schedule I and generally attract no Input Tax Credit for the supplier; 'buy one get one free' offers are treated as multiple supplies priced together with ITC allowable for inputs used; invoice-disclosed or pre-agreed discounts may be excluded from value if statutory conditions are met with corresponding ITC adjustments, whereas secondary post-supply discounts via credit notes remain part of value unless statutory criteria are satisfied. Circulars GST - States Thu, 02 May 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60780