hi, My organisation is in beverage sector. we give fridge to shops/retail outlets to ensure supply of chilled beverages to consumers. we also pay rent to retail outlets for the space occupied.
My question is , what is the document with which i need to send the asset to shops/retail outlets.? does this considered as supply?
Beverage Company Can Use Delivery Challan for Fridge Transfers, Not a Supply Under GST, No Time Limit Imposed An organization in the beverage sector queries about the documentation required for sending fridges to retail outlets, questioning if this constitutes a supply under GST. A respondent clarifies that since the ownership remains with the organization and the transfer is temporary, it is not considered a supply and can be documented with a delivery challan under CGST Rules. Another respondent concurs, noting that the transaction is not a gift, allowing for credit eligibility. Further clarification is provided that there is no time limit for retrieving the asset, as it is not a job work transaction. (AI Summary)
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