https://www.taxtmi.com/caselaws?id=762818 The Madras HC dismissed a petition challenging denial of input tax credit on goods purchased for sales promotion. The petitioner sought credit for T-shirts and gold coins used in promotional activities. The court held that Section 17(5)(h) of GST enactments specifically excludes input tax credit for goods disposed as gifts or free samples, regardless of whether goods are manufactured or traded. Since promotional items fall under this exclusion, the petitioner was not entitled to input tax credit despite Section 16(1) generally allowing credit for business-related purchases. en-us Thu, 24 Oct 2024 00:00:00 +0530 Mon, 02 Jun 2025 21:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762818 The Madras HC dismissed a petition challenging denial of input tax credit on goods purchased for sales promotion. The petitioner sought credit for T-shirts and gold coins used in promotional activities. The court held that Section 17(5)(h) of GST enactments specifically excludes input tax credit for goods disposed as gifts or free samples, regardless of whether goods are manufactured or traded. Since promotional items fall under this exclusion, the petitioner was not entitled to input tax credit despite Section 16(1) generally allowing credit for business-related purchases. Case-Laws GST Thu, 24 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762818