https://www.taxtmi.com/circulars?id=67374 Replacement parts and repair services provided free during a warranty period are treated as included in the value of the original supply and are not subject to additional GST; additional consideration charged at replacement/repair is taxable. Manufacturers need not reverse ITC for warranty replacements provided free. Where distributors charge manufacturers for parts or repair services, those supplies are taxable and the manufacturer may claim ITC; if manufacturers supply parts to distributors free for warranty replacement, no GST or ITC reversal arises. Extended warranty is composite if sold with the original supply, otherwise it is a separate taxable contract. en-us Wed, 19 Jul 2023 00:00:00 +0530 Fri, 03 May 2024 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67374 Replacement parts and repair services provided free during a warranty period are treated as included in the value of the original supply and are not subject to additional GST; additional consideration charged at replacement/repair is taxable. Manufacturers need not reverse ITC for warranty replacements provided free. Where distributors charge manufacturers for parts or repair services, those supplies are taxable and the manufacturer may claim ITC; if manufacturers supply parts to distributors free for warranty replacement, no GST or ITC reversal arises. Extended warranty is composite if sold with the original supply, otherwise it is a separate taxable contract. Circulars GST - States Wed, 19 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67374