Vat on free supply for business promotion

AJAY KUMAR (Querist) 24 June 2016 This query is : Resolved
Sir,

If we give goods on free as a business promotion than vat applicable or not.

please advise.

Follow Query

Report Abuse

R.K Nanda (Expert) 24 June 2016
Contact tax lawyer.

Rajendra K Goyal (Expert) 24 June 2016
Discuss with local tax consultant.

Kumar Doab (Expert) 24 June 2016
The establishment can afford to retain an able counsel.

R K JAIN (Expert) 28 June 2016
Goods can be given for sale promotion but the same will be purchased with full rate of VAT or full rate of CST and no input tax will be available.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

Harrasement and metal agony from husband
Applicability of po act
Nps to old pension scheme
Suit filed by heirs claiming ancestral property
Hindu succession query
Application for final decree after preliminary decree
Application for final decree after preliminary decree
Application for final decree after preliminary decree
Claiming ownership of the motor vehicle of a deceased person
Company name struck off by the registrar of companies

Regular matters
Request for second opinion in bar council proceedings
Reinforcing rule-based adjudication in proceedings
Awaiting the shrewd advocate's answer.
Pl. check for legal accuracy
Legal notice used for harrasment
Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Legal opinion on baseless legal notice and law
Dismissals due to defective legal notices