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of <h1>Goa Govt Clarifies GST and ITC Rules for Warranty Scenarios; Distinguishes Extended Warranties as Separate Services.</h1> The circular issued by the Government of Goa clarifies GST liability and input tax credit (ITC) availability concerning warranty and extended warranty scenarios, aligning with the Central Goods and Services Tax Act, 2017. It extends previous clarifications to include cases where entire goods are replaced under warranty, not just parts. Additionally, it addresses situations where distributors replace goods from their own stock and receive replenishment from manufacturers, clarifying that no GST is payable or ITC reversal required in such cases. The circular also distinguishes the supply of extended warranties as separate from the original goods supply when provided by different suppliers, treating them as services for GST purposes.
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