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.

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.