https://www.taxtmi.com/forum/issue?id=121129 Input tax credit as deemed receipt is questioned where construction materials are supplied on Ex-Works terms, freight costs are borne by the dealer, and transit risk passes at the factory gate. Although the supplier lodges transit-insurance claims and remits the compensation to the dealer, EXW qualification requires insurance to be arranged on the dealer's behalf and loss claims to be lodged by the dealer. The issues include ITC eligibility, transfer of property, and conformity with EXW parameters. en-us Sat, 19 Sep 2026 10:46:59 +0530 Sat, 19 Sep 2026 11:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121129 Input tax credit as deemed receipt is questioned where construction materials are supplied on Ex-Works terms, freight costs are borne by the dealer, and transit risk passes at the factory gate. Although the supplier lodges transit-insurance claims and remits the compensation to the dealer, EXW qualification requires insurance to be arranged on the dealer's behalf and loss claims to be lodged by the dealer. The issues include ITC eligibility, transfer of property, and conformity with EXW parameters. Discussion-Forum GST Sat, 19 Sep 2026 10:46:59 +0530 https://www.taxtmi.com/forum/issue?id=121129