TMI BlogIs supplying back of emptied containers on returnable basis a supplyX X X X Extracts X X X X X X X X Extracts X X X X ..... Emptied containers/ drums of a B2B recipient are returning back for refilling and resupply. What alienates this transaction falling in the ambit of activities mentioned under Schedule-I of the GST Act ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . FAQ's discussed in CBIC website answers cases about value of container in the inclusivity with finished goods or main supply. Here we have the movement and supply of decanted containers only. A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lso, how to valuate the supply in this case - Reply By KASTURI SETHI - The Reply = Activity is taxable. For valuation purpose, the best person is an CMA. Correct valuation can be arrived at only af ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ter verification of records i.e. books of account. - Reply By Bhupinder Singh - The Reply = Thankyou for your expert comment - Is supplying back of emptied containers on returnable basis a supply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Query Started By: - Bhupinder Singh Dated:- 5-7-2019 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Manag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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