Supply on approval: invoice issued at actual sale; inter state art transfers attract integrated tax; gallery consignments taxable on sale. Movement of artworks for approval or exhibition may be effected on a delivery challan (and e way bill where applicable) with the tax invoice issued at the time of actual supply; inter State transfers attract integrated tax. Artworks consigned to galleries without consideration are not supplies until a buyer selects and purchases the work, when GST is payable.
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 on approval: invoice issued at actual sale; inter state art transfers attract integrated tax; gallery consignments taxable on sale.
Movement of artworks for approval or exhibition may be effected on a delivery challan (and e way bill where applicable) with the tax invoice issued at the time of actual supply; inter State transfers attract integrated tax. Artworks consigned to galleries without consideration are not supplies until a buyer selects and purchases the work, when GST is payable.
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