Supply of artworks on approval: tax invoice due at actual sale; exhibition consignments without consideration are not supplies. Movement of artworks for exhibition or sale on approval may be effected on a delivery challan (and e way bill where applicable) with the tax invoice issued only at the time of actual sale; transfers to galleries without consideration are not supplies, while inter State transfers for sale constitute inter State supplies attracting integrated tax.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Supply of artworks on approval: tax invoice due at actual sale; exhibition consignments without consideration are not supplies.
Movement of artworks for exhibition or sale on approval may be effected on a delivery challan (and e way bill where applicable) with the tax invoice issued only at the time of actual sale; transfers to galleries without consideration are not supplies, while inter State transfers for sale constitute inter State supplies attracting integrated tax.
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