GST ON BRAND PROMOTION
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....ST ON BRAND PROMOTION<br> Query (Issue) Started By: - SAJAN KUMAR Dated:- 3-7-2019 Last Reply Date:- 4-7-2019 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>We Purchase the Bag , pen and Copy....
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.... with sticker of xyz (Brand) and distribute to our customer for increase our sales volume. We booked the expense in our book as a sales promotion and take the ITC, So as per you we are libel for take ....
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....itc or not please give the advice Mahadev Reply By KASTURI SETHI: The Reply: In my view, ITC is not admissible as it falls under the definition of 'gift' without any contract/agreement. It ....
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....is hit by Section 17(5)(h) of CGST Act. However, you must read the following circular for future plan or otherwise. Sales Promotion Schemes under GST - Clarification on various doubts C.B.I. & C. Ci....
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....rcular No. 92/11/2019-GST, dated 7-3-2019 Reply By Ganeshan Kalyani: The Reply: Sales promotion may include advertisements, where ITC is allowed. But when an item is given away free then it would co....
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....ver under section 17 and ITC will be disallowed.<br> Discussion Forum - Knowledge Sharing ....
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