Jury still out on ITC for free samples, promotional gifts - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Jury still out on ITC for free samples, promotional gifts

The Mumbai-based company moved the Maharashtra Appellate Authority of Advance Ruling, challenging the state Authority on Advance Ruling, which said Sanofi cannot claim input tax credit on promotional material and trade loyalty programmes under the goods and service tax regime.

from Industry-Economic Times
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