Start learning 50% faster. Sign in now
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.
Which vitamin is also known as 'Ascorbic Acid'?
Fibrin, a fibrous protein, plays a crucial role in which of the following processes?
Which feature is unique to plant cells compared to animal cells?
The Sun and the stars glow because of the presence of __________ in them.
What is the average lifespan of a human red blood cell (RBC)?
Which Gland of the Human body secretes Melatonin?
Which hormone regulates the amount of sugar in human blood?
Skin, Intestine and Glands are the example of :
Beri-Beri is a nutritional disorder caused by the :
Which phylum does the genus 'Fasciola', known as liver flukes, belong to?