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CBIC clarifies on levy of GST on sales promotion schemes; taxes to be paid on price recovered from customer

The Central Board of Indirect Taxes and Customs (CBIC) on Thursday clarified on the vexed issue of levy of GST on sales promotion schemes like ‘buy one get one free’ offered by FMCG firms, saying taxes would be paid on the price recovered from the customer.

Source: Firstpost

No GST on Free Samples, Post-Sale Discounts

Source: TaxScan

And see also: a2ztaxcorp.com

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