https://www.taxtmi.com/caselaws?id=415555 Under GST, mere joint custody of future goods under an agreement to sell does not amount to supply where ownership has not passed and delivery remains conditional on payment and completion of the contract. The absence of an issued invoice and the fact that property in the goods had not transferred meant no completed transaction arose. Where the specific goods were destroyed by fire before delivery and before risk and property passed to the buyer, the agreement to sell stood avoided and no taxable supply came into existence after the destruction. en-us Thu, 17 Jun 2021 00:00:00 +0530 Sat, 29 Mar 2025 13:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415555 Under GST, mere joint custody of future goods under an agreement to sell does not amount to supply where ownership has not passed and delivery remains conditional on payment and completion of the contract. The absence of an issued invoice and the fact that property in the goods had not transferred meant no completed transaction arose. Where the specific goods were destroyed by fire before delivery and before risk and property passed to the buyer, the agreement to sell stood avoided and no taxable supply came into existence after the destruction. Case-Laws GST Thu, 17 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415555