https://www.taxtmi.com/article/detailed?id=12797 Manufacturers' free repairs or replacements during the original warranty period attract no GST and do not require reversal of ITC; manufacturers' stock replenishment to distributors for warranty replacements likewise attracts no GST. Distributors who procure parts from third parties and invoice manufacturers for reimbursement, or distributors who invoice manufacturers for repair services provided on their behalf, must discharge GST; manufacturers may claim ITC on such invoices. Extended warranty sold by the manufacturer at sale is classified as a composite supply taxed at the rate of the goods, whereas third-party or post-sale extended warranty is a separate assurance service taxed at the assurance-service rate. en-us Wed, 17 Jul 2024 19:48:07 +0530 Wed, 17 Jul 2024 19:48:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12797 Manufacturers' free repairs or replacements during the original warranty period attract no GST and do not require reversal of ITC; manufacturers' stock replenishment to distributors for warranty replacements likewise attracts no GST. Distributors who procure parts from third parties and invoice manufacturers for reimbursement, or distributors who invoice manufacturers for repair services provided on their behalf, must discharge GST; manufacturers may claim ITC on such invoices. Extended warranty sold by the manufacturer at sale is classified as a composite supply taxed at the rate of the goods, whereas third-party or post-sale extended warranty is a separate assurance service taxed at the assurance-service rate. Articles Goods and Services Tax - GST Wed, 17 Jul 2024 19:48:07 +0530 https://www.taxtmi.com/article/detailed?id=12797