https://www.taxtmi.com/forum/issue?id=113876 Treatment of GST on a domestically purchased mould for production for an overseas principal depends on invoicing and physical movement. If the domestic supplier invoices the manufacturer, the manufacturer can claim input tax credit, but export treatment varies: when tools move from the principal to the manufacturer no supply or credit reversal arises and no amortised value need be added; where billing is to the principal but the manufacturer retains the mould, credit must be reversed and the amortised mould cost included in the value of supplied goods. en-us Mon, 18 Jun 2018 11:29:38 +0530 Thu, 23 Jan 2025 15:55:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113876 Treatment of GST on a domestically purchased mould for production for an overseas principal depends on invoicing and physical movement. If the domestic supplier invoices the manufacturer, the manufacturer can claim input tax credit, but export treatment varies: when tools move from the principal to the manufacturer no supply or credit reversal arises and no amortised value need be added; where billing is to the principal but the manufacturer retains the mould, credit must be reversed and the amortised mould cost included in the value of supplied goods. Discussion-Forum GST Mon, 18 Jun 2018 11:29:38 +0530 https://www.taxtmi.com/forum/issue?id=113876