https://www.taxtmi.com/article/detailed?id=8835 The AAR held that goods and services procured and distributed as free gifts or free travel under incentive schemes do not qualify as a taxable supply and that input tax credit is ineligible to the extent attributable to such gifts or free samples under the GST credit restriction; a government circular similarly states that ITC is not available on inputs, input services and capital goods used in relation to gifts or free samples distributed without consideration. en-us Tue, 26 Nov 2019 18:51:28 +0530 Tue, 26 Nov 2019 18:51:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8835 The AAR held that goods and services procured and distributed as free gifts or free travel under incentive schemes do not qualify as a taxable supply and that input tax credit is ineligible to the extent attributable to such gifts or free samples under the GST credit restriction; a government circular similarly states that ITC is not available on inputs, input services and capital goods used in relation to gifts or free samples distributed without consideration. Articles Goods and Services Tax - GST Tue, 26 Nov 2019 18:51:28 +0530 https://www.taxtmi.com/article/detailed?id=8835