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.

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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.

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