Clarification on availability of input tax credit as per clause (b) of sub-section (2) of section 16 of the Assam Goods and Services Tax Act, 2017 in respect of goods which have been delivered by the supplier at his place of business under Ex-Works Contract https://www.taxtmi.com/circulars?id=70000 Availability of input tax credit under section 16(2)(b) in an Ex-Works contract is not confined to physical receipt at the recipient's business premises. Where the supplier hands over goods to a transporter or other person on the recipient's direction at the supplier's place of business, and property in the goods passes at that stage, the recipient is deemed to have received the goods for ITC purposes. The clarification remains subject to the business-use requirement and the restrictions under section 17. en-us Fri, 17 Jan 2025 00:00:00 +0530 Tue, 26 May 2026 16:18:00 +0530 TaxTMI RSS Generator Clarification on availability of input tax credit as per clause (b) of sub-section (2) of section 16 of the Assam Goods and Services Tax Act, 2017 in respect of goods which have been delivered by the supplier at his place of business under Ex-Works Contract https://www.taxtmi.com/circulars?id=70000 Availability of input tax credit under section 16(2)(b) in an Ex-Works contract is not confined to physical receipt at the recipient's business premises. Where the supplier hands over goods to a transporter or other person on the recipient's direction at the supplier's place of business, and property in the goods passes at that stage, the recipient is deemed to have received the goods for ITC purposes. The clarification remains subject to the business-use requirement and the restrictions under section 17. Circulars GST - States Fri, 17 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70000