https://www.taxtmi.com/circulars?id=67755 Clarification extends prior guidance so that GST and ITC rules for replacement of parts apply equally where goods themselves are replaced under warranty, reading references to 'parts' as 'goods or its parts'. Replenishment by a manufacturer to a distributor, provided without separate consideration via delivery challan after the distributor replaced goods from its stock on the manufacturer's behalf, attracts no GST and requires no reversal of ITC by the manufacturer. Extended warranty supplied by a person different from the goods supplier, or supplied after original supply, is a separate supply treated as a service and taxed accordingly with the extended-warranty supplier responsible for GST. en-us Tue, 30 Jul 2024 00:00:00 +0530 Fri, 23 Aug 2024 18:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67755 Clarification extends prior guidance so that GST and ITC rules for replacement of parts apply equally where goods themselves are replaced under warranty, reading references to 'parts' as 'goods or its parts'. Replenishment by a manufacturer to a distributor, provided without separate consideration via delivery challan after the distributor replaced goods from its stock on the manufacturer's behalf, attracts no GST and requires no reversal of ITC by the manufacturer. Extended warranty supplied by a person different from the goods supplier, or supplied after original supply, is a separate supply treated as a service and taxed accordingly with the extended-warranty supplier responsible for GST. Circulars GST - States Tue, 30 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67755