GST applicability on Brand

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sir, My client is owning registered brand in his individual name and he is not registered under GST Act . He has been using this brand for his partnership business (importer of goods) as partner and as well his retail business in a Pvt ltd company as he is also a director. All imported goods are sold to his Pvt ltd company only. Individual is not charging any fee for branding. Firm and Pvt ltd .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... are registered under GST Act . Is the GST applicable on this transaction for lending brand to his firm and pvt ltd company and vice versa? please advice - Reply By KASTURI SETHI - The Reply = Sh.Bayyareddy DK Ji, Your client's transaction is covered under Schedule-1 of CGST Act . Relevant clause is extracted below : SCHEDULE-1 (See Section-7) ACTIVITIES TO BE TREATED AS S .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... UPPLY EVEN IF MADE WITHOUT CONSIDERATION 2. Supply of goods or services or both between related persons or between distinct persons as specified in Section 25, when made in the course or furtherance of business : - Reply By KASTURI SETHI - The Reply = Branding the goods is a service.It establishes a link between manufacturer and product.To allow the use of brand name for goods to another pe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rson is supply of service. - Reply By Shilpi Jain - The Reply = Agree with Kasturi sir. Please see what could you value this as? Not sure if there would be a market value readily available. See if you can choose the 2nd proviso to rule 28 by which, in case the full credit is available to the recipient, any value can be charged. - Reply By Ganeshan Kalyani - The Reply = I agree with the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... views of Sri Kasturi SIr. Transaction between related person is subject to GST. - GST applicability on Brand - Query Started By: - Bayyareddy DK Dated:- 29-1-2022 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X