TMI BlogRecovery of tooling costX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir / Madam Tool is developed in India to build mould and the moulds are supplied to foreign customer for next 5 to 10 years. if the supplier wants to recover the tooling cost does it attract G ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ST? please note it is cost-to-cost reimbursement. - Reply By Amit Agrawal - The Reply = The facts and context of legal issue involved, are not clear from the query raised. Kindly elaborate, in part ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... icular, the followings: A. Is ownership of concerned tools is transferred to foreign customer or not? OR it is merely reimbursement of cost, without making any supply? B. If concerned tools is phys ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ically taken outside India or not? C. What is purpose if same is kept with the supplier itself in India? Whether, tools are kept with the supplier so as manufacture mould/s (which in turn to be supp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lied to the foreign customer)? - Recovery of tooling cost - Query Started By: - Textron India Dated:- 9-8-2022 Goods and Services Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g, reply post by an expert, personal opinion Tax Management 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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