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of <h1>Artists' Art Supplies Tax Clarified: Exhibited Art Not Taxed Until Sold, Interstate Tax Applies Per IGST Act 2017.</h1> The circular addresses the taxation of art supplies by artists across different states. It clarifies that art moved for exhibition in galleries is not considered a supply until a buyer selects the artwork, at which point a tax invoice is issued. Movement of art for exhibition is done via a delivery challan and e-way bill, if applicable. Inter-state supplies are subject to integrated tax under the Integrated Goods and Services Tax Act, 2017. The circular aims to ensure uniform implementation of these rules and requests dissemination of this information through trade notices.
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