https://www.taxtmi.com/circulars?id=61881 Sending or taking specified goods out of India for exhibition or consignment is not a supply absent consideration and is treated as sale on approval; it is not a zero rated supply. Such goods must be accompanied by a delivery challan under rule 55. The actual supply is recognised on sale abroad within six months or on expiry of six months if not sold or returned, and a tax invoice must be issued at that time. Refund of input tax credit for zero rated supply may be claimed if otherwise eligible and after the tax invoice is issued. en-us Fri, 19 Jul 2019 00:00:00 +0530 Sat, 20 Jul 2019 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61881 Sending or taking specified goods out of India for exhibition or consignment is not a supply absent consideration and is treated as sale on approval; it is not a zero rated supply. Such goods must be accompanied by a delivery challan under rule 55. The actual supply is recognised on sale abroad within six months or on expiry of six months if not sold or returned, and a tax invoice must be issued at that time. Refund of input tax credit for zero rated supply may be claimed if otherwise eligible and after the tax invoice is issued. Circulars GST - States Fri, 19 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61881