Eligibility for ITC for goods at transporter warehouse

[Shrenik Bhura]

Sequence of events:
A. Goods are billed to us my manufacturer based in state A.
B. Handed over to GST registered transporter to transport to us in state B.
C. Payment is made by us before receipt of goods in almost all cases.
D. Transporter fills part B for e-waybill generation and dispatches goods from state A to state B which are more than 1000 km apart.
E. Transporter bills us for transportation on a monthly basis and we make the payment and also pay a 5% GST as RCM with our monthly 3B.
F. Goods are kept in most cases at transporters warehouse much beyond the e-waybill validity period of 15 days. We also have an insurance cover for the goods kept at the transporter warehouse.
G. Goods are shifted to our warehouses or shop on a periodic basis in the next 2-3 months and at times even 5-6 months based on demand. All our warehouses are in state B itself and have been listed in additional places of business.
H. Supplier i.e. manufacturer files GST returns in a timely manner and all invoices are showing up in the GST2A with amounts eligible for ITC.

Questions:
1. At what time in the above sequence of events are we eligible to take ITC for the goods invoiced by the manufacturer?
2. Is it okay if the goods are not 'received' by us in our warehouses or shops within the validity of the e-waybill?
3. If the answer to 1. is G, then what is the maximum period that we can stretch to avail the ITC?

AI Summary

Clarification on claiming Input Tax Credit for goods stored at a transporter's warehouse under GST; key is listing it as a business place. A discussion on the eligibility for Input Tax Credit (ITC) for goods stored at a transporter's warehouse under GST. The sequence involves goods billed by a manufacturer in State A, transported to State B, and stored at the transporter's warehouse beyond the e-waybill validity. The query seeks clarification on when ITC can be claimed, considering the goods are not immediately received at the business's warehouse. Responses suggest that ITC can be claimed if the transporter's warehouse is listed as an additional business place, with concerns about e-waybill validity and formalizing agreements with the transporter.