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TMI BlogT-shirt/other complement given at Seminar/visitor/customerX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir we are software provider and we conduct meeting/seminar and we give T shirt and note book pen to participant. my question is does it attract GST. and can i take ITC for the same. If the company give T shirt to employee does it considered as gift or not. Regards - Reply By Rajagopalan Ranganathan - The Reply = Sir, You are supplying T-Shirts, note book and pen to those who attend t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he seminar. I hope it is free of cost. If you include the cost in the fee, if any, you collect, then when paying GST on the event management service you can adjust the credit of GST paid on these articles and adjust the credit against payment of GST on the event management service provided by you. If you are not charging any fee from the participants, then the articles supplied by you are free ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of cost and the transaction value will be zero. Hence GST payable will also be zero. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views of Shri Rajagopalan - Reply By KASTURI SETHI - The Reply = I support the views of both experts. - Reply By Daniel Selvaraj - The Reply = Dear sir, If the company give T shirt to employee does it considered as gift or not. I hope it is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... assumed that the gifts are less than ₹ 50000/- per employee in a year including other gifts given to him or her. - Reply By KASTURI SETHI - The Reply = It is a gift. - Reply By MUKUND THAKKAR - The Reply = If the company give T shirt to employee does it considered as gift or not. if company logo or name is there it is Indirectly Advertisement expenses. costs are including in your final ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... product. need not to pay GST. - Reply By Ganeshan Kalyani - The Reply = Gift by employer to employee upto ₹ 50 K is exempted from GST. - Reply By KASTURI SETHI - The Reply = Rightly said by Sh.Ganeshan Kalyani, an expert. - Reply By vk agarwal - The Reply = I agree with Mr rajagopalan - Reply By subramanian vijayakumar - The Reply = Yes i agree with the views and it is correct - T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -shirt/other complement given at Seminar/visitor/customer - Query Started By: - Ganapati Mahabaleshwar Dated:- 20-7-2017 Goods and Services Tax - GST - Got 10 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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