New Delhi: Free samples and gifts offered with purchases as well as popular ‘buy-one-get-one-free’ deals may attract the proposed Goods and Services Tax (GST) levy which government plans to roll out from April next year.
The model GST law, unveiled by the government last week for stakeholder comments, says that any supply sans any consideration will attract tax. This would cover free gifts and samples as well as buy-one-get-one-free deals, tax experts said.
Section 3 of the model GST law defines a supply of goods and services to include ones “made or agreed to be made without a consideration.” (PTI)
