https://www.taxtmi.com/circulars?id=71144 Warranty replacement principles for GST liability and input tax credit reversal apply to replacement of entire goods as well as their parts. Where a distributor replaces goods or parts from its own stock on behalf of a manufacturer and receives replenishment without separate consideration through a delivery challan, no GST is payable on replenishment and the manufacturer need not reverse input tax credit. Extended warranty supplied by a person different from the goods supplier, or supplied after the original supply, is a separate supply of services. Where the same supplier provides both goods and extended warranty at original supply, it forms part of a composite supply. en-us Fri, 12 Jul 2024 00:00:00 +0530 Thu, 03 Sep 2026 17:05:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=71144 Warranty replacement principles for GST liability and input tax credit reversal apply to replacement of entire goods as well as their parts. Where a distributor replaces goods or parts from its own stock on behalf of a manufacturer and receives replenishment without separate consideration through a delivery challan, no GST is payable on replenishment and the manufacturer need not reverse input tax credit. Extended warranty supplied by a person different from the goods supplier, or supplied after the original supply, is a separate supply of services. Where the same supplier provides both goods and extended warranty at original supply, it forms part of a composite supply. Circulars GST - States Fri, 12 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71144