https://www.taxtmi.com/circulars?id=68074 The circular explains that under clause (b) of sub section (2) of section 16, goods delivered by the supplier to a transporter at the supplier's premises on the direction of the recipient are deemed to have been received; accordingly, for EXW contracts where property passes at the supplier's factory gate, the recipient may claim input tax credit upon such handing over, subject to other conditions in sections 16 and 17 and exclusion where goods are diverted or disposed for non business purposes. en-us Wed, 08 Jan 2025 00:00:00 +0530 Sat, 25 Jan 2025 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68074 The circular explains that under clause (b) of sub section (2) of section 16, goods delivered by the supplier to a transporter at the supplier's premises on the direction of the recipient are deemed to have been received; accordingly, for EXW contracts where property passes at the supplier's factory gate, the recipient may claim input tax credit upon such handing over, subject to other conditions in sections 16 and 17 and exclusion where goods are diverted or disposed for non business purposes. Circulars GST - States Wed, 08 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68074