PROMOTIONAL MATERIALS without discharged of GST?
Query (Issue) Started By: – rai tomar Dated:- 15-2-2019 Last Reply Date:- 27-6-2019 Goods and Services Tax – GST
Got 8 Replies
GST
Dear Experts,
\nWe dispatch sales promotional material like T-Shirt, umbrella, grooming kit, products catalogue, price list, diary , display stand etc. to our dealers and did not discharged GST thereon. we treat this type of supply as "NIL Rated" supply.
\n1- Whether Sales promotional material can be send without discharged of GST?
\n2- When we treated this supply as NIL Rated , whether we should be reported in Table 3.1 (c) of GSTR-3B or not?
\n3- If should be reported in 3B, whether ITC will have to reversed or not?
\nThanks in advance
\nReply B<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n tional material can be send without discharged of GST? = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n o avail the credit for such scenarios by endorsing such promotional and branding activities to a third party service provider (whoever it can be but should be a registered person) and avail the ITC on the invoice raised by him. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" PROMOTIONAL MATERIALS without discharged of GST? Query (Issue) Started By: – rai tomar Dated:- 15-2-2019 Last Reply Date:- 27-6-2019 Goods and Services Tax – GSTGot 8 RepliesGSTDear Experts, We dispatch sales promotional material like T-Shirt, umbrella, grooming kit, products catalogue, price list, diary , display stand etc. to our dealers and did not discharged GST … Continue reading “PROMOTIONAL MATERIALS without discharged of GST?”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-16767","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/16767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16767"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/16767\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nAnswer:- Refer the scenarios given below.
\nQ.2. When we treated this supply as NIL Rated , whether we should be reported in Table 3.1 (c) of GSTR-3B or not?
\nAnswer:- It is not NIL rated supply. Refer scenarios given below.
\nQ.3. If should be reported in 3B, whether ITC will have to reversed or not?
\nAnswer:- It should be reported in 3B as a taxable supply only if you are following 1st scenario as given below and no need to disclose in 3B if you are not following the same.
\nSCENARIOS:-
\n1. You have availed the ITC of such promotional goods:-
\nWhen you provide your promotional items free of cost, you have to pay GST based on entry no. 1 of Schedule I of CGST Act, "Permanent transfe<\/p>\n
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\nReply By DR.MARIAPPAN GOVINDARAJAN:
\nThe Reply:
\nI endorse the views of Shri Spudarjunan.
\nReply By KASTURI SETHI:
\nThe Reply:
\nI support the views of both experts.
\nReply By KASTURI SETHI:
\nThe Reply:
\nExplanation by Sh.Spudarjunan S. is par excellence. His understanding and interpretation is really appreciable.
\nReply By KASTURI SETHI:
\nThe Reply:
\nDe facto, there is no 'Free Lunch' in the business.
\nReply By Ganeshan Kalyani:
\nThe Reply:
\n1. Supply of sales promotional material can be send without GST. In t<\/p>\n
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