https://www.taxtmi.com/article/detailed?id=10048 Promotional items sold at nominal price after retailers meet eligibility under a hosiery sales scheme are separate taxable supplies, not composite or mixed supplies; each item attracts the rate applicable to it and input tax credit on promotional goods need not be reversed under Section 17(5)(h). The AAR relied on separate invoicing, retailer choice to accept the offer, and the presence of nominal consideration, but warned valuation may be contested in different factual scenarios. en-us Mon, 18 Oct 2021 09:48:39 +0530 Mon, 18 Oct 2021 09:48:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10048 Promotional items sold at nominal price after retailers meet eligibility under a hosiery sales scheme are separate taxable supplies, not composite or mixed supplies; each item attracts the rate applicable to it and input tax credit on promotional goods need not be reversed under Section 17(5)(h). The AAR relied on separate invoicing, retailer choice to accept the offer, and the presence of nominal consideration, but warned valuation may be contested in different factual scenarios. Articles Goods and Services Tax - GST Mon, 18 Oct 2021 09:48:39 +0530 https://www.taxtmi.com/article/detailed?id=10048