watch_later 04/07/17

Whether GST would be chargeable in case of free samples where no consideration is charged?

1 Response | Latest response: 04/07/17 | Sort by Likes(thumb_up) Recent | GST Reply
watch_later 04/07/17

GST is to be charged on value of supply. If you are supplying goods for free then there be no GST. However you need to first read valuation rules. There are certain condition under valuation you need to take care of.

For example, if you supply good to relatives, you have to follow valuation rules.

Though there is no tax on free sample, but you need to reverse or pay input tax utilised on inward supplies of these free samples.

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