Supply on approval: tax invoice due at actual sale; gallery exhibitions are not taxable supplies until purchase. Where artworks are moved for sale on approval, the artist may transport pieces within or outside the State on a delivery challan (and e way bill where applicable) and issue the tax invoice only at the time of actual supply when a buyer selects the artwork; transfers to galleries without consideration are not supplies until the artwork is sold, and inter State transfers attract 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 on approval: tax invoice due at actual sale; gallery exhibitions are not taxable supplies until purchase.
Where artworks are moved for sale on approval, the artist may transport pieces within or outside the State on a delivery challan (and e way bill where applicable) and issue the tax invoice only at the time of actual supply when a buyer selects the artwork; transfers to galleries without consideration are not supplies until the artwork is sold, and inter State transfers attract integrated tax.
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