Eye Share : GST on Supply of free items and discounts – the confusion continues

Recently, CBIC issued Circular No. 92/11/2019-GST dated March 7, 2019 clarifying treatment of sales promotion schemes under GST viz. buy one get one, free samples, pre-agreed discounts etc. However, even after this Circular, few points remain unanswered which may continue to haunt the taxpayers in coming time.Mr. Deepak Suneja (Associate Partner, NITYA Tax Associates) along with Ms. Lipika Rustagi (Associate) discuss the issues laying wide open for th...