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GST and Exhibition, Goods and Services Tax - GST |
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GST and Exhibition |
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One of my Client keep the exhibition at Mumbai and Participant are coming from Calcutta ( West Bengal ) with material ( not for sales ) for display at exhibition . What is tax liability of the Participant who are coming from other state with material . Is IGST is applicable . Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Participant coming from any place of India and exhibition at Mumbai (not for Sales), Supply is not taking place, it is removal for approval so no IGST is applicable.
Dear Querist,. Pl.read Section 7 (1)(a) of CGST Act. All forms of supply also include " transfer". Between related or distinct persons. Transfer of goods for exhibition is also a supply in the course or furtherance of business. Earlier such clearance was exempted. Such issue requires clarification from the Board. No sale is involved . So it should fall outside the definition of Scope of supply as opined by Sh.Mukund Thakkar , Sir. It also does not fall in the Schedule meant for supply without consideration Page: 1 Old Query - New Comments are closed. |
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