Gst credit taken or not


Accountant

Dear All Expert,

I have Query on GST Credit of Sales Promotion.

Actual we are manufacture. When we are sales at that time we send some articles as a sales promotion. This article Purchase at that time

we credit on this Sales Promotion item and this article gives with sales product. Can We takes ITC On this Please Help on this Matter.

 
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(TAX CONSULTANTS - AUDITORS)

If You give free of cost then you can't claim ITC...

Total likes : 1 times

 
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Accountant

but I am expense for increased sales
 
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Student CA IPC / IPCC

yes u can take itc
 
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(TAX CONSULTANTS - AUDITORS)

Originally posted by : Piyush
but I am expense for increased sales

No way... If you give promotional part. No more supplies with GST. So, the related purchase ITC can't consume by You...
 
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