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TMI BlogGST ON BRAND PROMOTIONX X X X Extracts X X X X X X X X Extracts X X X X ..... We Purchase the Bag , pen and Copy 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, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... So as per you we are libel for take 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ' without any contract/agreement. It 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 - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Clarification on various doubts C.B.I. C. Circular No. 92/11/2019-GST, dated 7-3-2019 - Reply By Ganeshan Kalyani - The Reply = Sales promotion may include advertisements, where ITC is a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... llowed. But when an item is given away free then it would cover under section 17 and ITC will be disallowed. - GST ON BRAND PROMOTION - Query Started By: - SAJAN KUMAR Dated:- 3-7-2019 Goods and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dia.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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