VATupdate

Share this post on

Pharma companies seek clarity from Bombay High Court on free samples to be considered as genuine expense under GST

According to sources, pharma companies feel that the free samples and gifts provided by them are to promote sales, part of marketing activities and thus are genuine business expense, for which they should be entitled for input tax credit refund when they file their GST returns.

Source: a2ztaxcorp.com

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner