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Offering FREE GIFTS is the craze of the present day sales managers. This is one of the most successful methods used by aggressive traders to induce customers to buy their products. As this method of sales has been successfully followed since the days of the General Sales Tax Act, the traders failed to analyse the tax impact on this method in the light of implementation of Value Added Tax Act.

The case of Sadhu Overseas, Faridabad Vs State of Haryana decided by Haryana Tax Tribunal on 21.10.03 has held DEPB as equal to money and thus not goods taxable under HGST Act, 1973. DEPB was earlier decided as taxable goods liable to tax by Delhi High Court.