Point os sale in connection with the IPR

[Binu Karuthedath]

Dear Sir

How we can determine the point of sales in connection with IPR interstate sale for VAT payment

AI Summary

Debate on Determining Point of Sale for IPR under GST: Assignment, Invoice, or Agreement Date? A forum discussion addressed the determination of the point of sale in relation to intellectual property rights (IPR) for VAT purposes under the Goods and Services Tax (GST). One participant suggested that the point of sale is when the right to use the IPR is assigned to the buyer. Another proposed that it is when the invoice is issued, indicating the intent to sell. A third opinion was that it could be the date of the agreement, invoice, or permanent right to use the IPR, whichever occurs first. The conversation concluded with expressions of gratitude for the insights shared.