CA R SEETHARAMAN (Expert) Follow 18 April 2022 Yes, ITC available on sales promotion samples issued free. You need to be the querist or approved CAclub expert to take part in this query . Click here to login now Similar Resolved Queries ...
Government Clarifies GST on Sales Promotion Schemes Everyone knows that the festive season is around the corner. The festival of colors i.e. Holi is coming! No doubt, all the gift shops, and markets will be soon amassed with a huge range of gift hampers consisting of various sweets & othe...
Government Clarifies GST on Sales Promotion Schemes Everyone knows that the festive season is around the corner. The festival of colors i.e. Holi is coming! No doubt, all the gift shops, and markets will be soon amassed with a huge range of gift hampers consisting of various sweets ...
Regarding GDP, employment, and export promotion, India’s garment industry ranks among the oldest and largest contributors to the country’s economic expansion. The textile industry, one of the nation’s oldest and second-largest manufacturing sectors, employs skilled and unskilled workers. Therefore,...
The majority made the following initial observations on the language of the LCT Act: From the former jurisprudence concerning sales tax, it is always important to look “at the substance and reality of the matter”. From the jurisprudence concerning diesel fuel rebates, one should apply a “comm...
The Final price = the Cost Price + the Excise % on the Cost Price + the CST % on (the Cost Price + the Excise % on the Cost Price) Note: VAT is charged on sales in intrastate (within the same state). The Central Sales Tax is only charged if the goods are sold to a state ot...
2 trillion rupees. After implementation of the GST, the central and local governments will share revenues from indirect taxes. The central government will get a piece of the sales taxes of state governments, while state governments are granted the right to levy taxes on services. Because sales ...
January 13, 2020Categories Clarification, GST, Press ReleaseTags clarification of goods on consignment basis abroad, exhibition abroad, Export of goods, export promotionLeave a comment on Clarification in respect of goods taken out of India for exhibition or on consignment basis for export promotion...
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the central and local governments will share revenues from indirect taxes. The central government will get a piece of the sales taxes of state governments, while state governments are granted the right to levy taxes o...