https://www.taxtmi.com/reply=120117 Security deposits collected for supply of phones that are refundable and handled by the manufacturer are treated as security deposits, not immediate taxable consideration; GST is not payable at collection unless the deposit is adjusted against price or forfeited. Dealers should document collection and remittance to the company and evidence their role as a pure agent with no margin; retention of any part by the dealer or application/forfeiture of the deposit triggers GST consequences. en-us Mon, 09 Jun 2025 16:44:13 +0530 Sun, 15 Jun 2025 05:39:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/reply=120117 Security deposits collected for supply of phones that are refundable and handled by the manufacturer are treated as security deposits, not immediate taxable consideration; GST is not payable at collection unless the deposit is adjusted against price or forfeited. Dealers should document collection and remittance to the company and evidence their role as a pure agent with no margin; retention of any part by the dealer or application/forfeiture of the deposit triggers GST consequences. Discussion-Forum GST Mon, 09 Jun 2025 16:44:13 +0530 https://www.taxtmi.com/reply=120117