TaxTMI 
TaxTMI 
Clarification on place of removal circular
29 Oct 2014 
2 Replies 
1595 Views Asked by
Guest 
Place of removal: transfer of property or possession determines tax location; transport and insurance allocations are irrelevant.
Place of removal is determined by when property in the goods passes from seller to buyer; sale or transfer of ownership is the operative factor. Transport charges, inclusion of carriage in value, insurance payments and allocation of risk are not relevant to ascertaining place of removal. Transfer of possession to the buyer can likewise indicate the place of removal where it evidences the transfer of property. (AI Summary)
Place of removal is determined by when property in the goods passes from seller to buyer; sale or transfer of ownership is the operative factor. Transport charges, inclusion of carriage in value, insurance payments and allocation of risk are not relevant to ascertaining place of removal. Transfer of possession to the buyer can likewise indicate the place of removal where it evidences the transfer of property. (AI Summary)
Dear Sir, Please clarify the latest circular no 988 of place of removal , thanks and regards.