https://www.taxtmi.com/article/detailed?id=13285 Circular No. 241/35/2024 holds that under Ex Works contracts goods are deemed received by the buyer when the supplier hands them to a transporter at the supplier's factory gate, transferring ownership and completing the supplier's delivery obligation; the recipient may claim Input Tax Credit from that deemed receipt subject to section 16(1) conditions. The circular is silent on place of supply, generating debate whether EXW supplies should be treated as having the supplier's location as place of supply (CGST+SGST) or determined by where movement of goods terminates for delivery to the recipient. en-us Fri, 03 Jan 2025 10:42:33 +0530 Fri, 03 Jan 2025 10:42:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13285 Circular No. 241/35/2024 holds that under Ex Works contracts goods are deemed received by the buyer when the supplier hands them to a transporter at the supplier's factory gate, transferring ownership and completing the supplier's delivery obligation; the recipient may claim Input Tax Credit from that deemed receipt subject to section 16(1) conditions. The circular is silent on place of supply, generating debate whether EXW supplies should be treated as having the supplier's location as place of supply (CGST+SGST) or determined by where movement of goods terminates for delivery to the recipient. Articles Goods and Services Tax - GST Fri, 03 Jan 2025 10:42:33 +0530 https://www.taxtmi.com/article/detailed?id=13285