CLEARANCE OF MACHINERY TO DISPLAY IN EXHIBITION

[SURYAKANT MITHBAVKAR]

Earlier Law we have cleared machinery with payment of duty for exhibiton purpose.

Now under GST law what procdure to adopt pl advice.

[Nash Industries I Pvt Ltd]

Is it for import of the goods sent for exhibition abroad or is it for exporting the goods abroad for exhibition.

If it is import - No change in the procedure. (Same old procedure to be followed).

If it is export - Please pay GST and claim refund of IGST.

Regards

S.Ramaswamy

[SURYAKANT MITHBAVKAR]

We are manufacturing the machinery and same has to be display in exhibition in same state

What procedure to be follow up to clear the machinery for display in exhibition

[Nash Industries I Pvt Ltd]

FAQ on jewellery sector. It's clarified that it is not a supply and the goods can be moved on a challan. If it is disposed then tax is payable

[Nash Industries I Pvt Ltd]

The FAQ on jewellery specially address the issues on sending goods for exhibition

Regards

S.Ramaswamy

AI Summary

Clearing Machinery for Exhibition: GST Rules for Import, Export, and In-State Display Explained. Refund Claims for IGST. A discussion on the procedure for clearing machinery for exhibition under the Goods and Services Tax (GST) law involves a query about whether the machinery is for import or export. If importing, the existing procedure remains unchanged. For exporting, GST must be paid with a subsequent refund claim for IGST. For displaying machinery within the same state, it's clarified that this is not considered a supply, and goods can be moved using a challan. Tax is payable only if the goods are disposed of. The FAQ on the jewelry sector provides guidance on such exhibition-related issues.