https://www.taxtmi.com/forum/issue?id=112803 Import of spares from a foreign parent attracts customs duty and IGST on import, and the IGST paid can be utilised as input tax credit against subsequent GST liabilities. Free-of-cost supply of replacement parts as a warranty obligation does not constitute a taxable supply, but if input tax credit was claimed on those goods or related inputs, the taxpayer must reverse the proportionate input tax credit; no reversal is required where no credit was taken. en-us Tue, 12 Sep 2017 18:26:20 +0530 Thu, 23 Jan 2025 15:55:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112803 Import of spares from a foreign parent attracts customs duty and IGST on import, and the IGST paid can be utilised as input tax credit against subsequent GST liabilities. Free-of-cost supply of replacement parts as a warranty obligation does not constitute a taxable supply, but if input tax credit was claimed on those goods or related inputs, the taxpayer must reverse the proportionate input tax credit; no reversal is required where no credit was taken. Discussion-Forum GST Tue, 12 Sep 2017 18:26:20 +0530 https://www.taxtmi.com/forum/issue?id=112803