Clarification Issued in Respect of GST Liability and ITC Availability in Cases Involving Warranty/Extended Warranty
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- By Chetan Kulasri
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- Last Updated on 28 June, 2024
Latest from Taxmann
Circular No.216/10/2024-GST dated June 26th, 2024
The CBIC has issued a new circular to provide clarification regarding GST liability and availability of input tax credit (ITC) in respect of cases where goods as such or the parts are replaced under warranty; cases where distributor replaces the parts/ goods out of his own stock etc.
Click Here To Read The Full Circular
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