Whether input tax credit available on taxable goods, which are given free as gift etc. for sales promotion?

As per Section 17(4) [Apportionment of credit and blocked credits] of Revised Model GST Law – input tax credit shall not be available in respect of the following:

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(g) goods lost, stolen, destroyed, written off or disposed of by way of gift or free samples;

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Thus Section 17(4) (g) states that input tax credit shall not be available in case of goods lost, stolen, destroyed, written off or disposed of, by way of gift or free samples.