Question
In case goods disposed off by way of free
sample:Solution
In the case of goods disposed of by way of free samples, the supplier cannot claim Input Tax Credit (ITC) because no consideration is received for these goods. ITC is generally available when there is a taxable supply for consideration. Since no consideration is involved in giving away free samples, the supplier is not eligible to claim ITC on the tax paid for those samples.
What is the full form of RIDF?
Dilip Asbe is the Chariman of which of the following organization?
The main objective of _______ is to develop a strong global connect and focus on the needs of the Indian economy as well as to serve as an international...
_____ Invests USD 150 million in Development of Data Centres Serving in Asia.
Which financial institution in India operates the Pradhan Mantri Mudra Yojana (PMMY), aimed at providing loans to micro enterprises?
Which initiative in Budget 2025-26 aims to develop cities as ‘Growth Hubs’?
The old name of Axis Bank is?
Titan Company Limited will buy an additional 27.1 percent stake in CaratLane, for a total consideration of ________.
Government of Bombay passed the first State Cooperative Societies Act in which of the following year?
Consider the following statement about National Company Law Tribunal (NCLT):
1. It is a quasi-judicial body.
2. It adjudicates issues rela...