Is supplying back of emptied containers on returnable basis a supply

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..... Is supplying back of emptied containers on returnable basis a supply
Query (Issue) Started By: - Bhupinder Singh Dated:- 5-7-2019 Last Reply Date:- 5-7-2019 Goods and Services Tax - GST
Got 2 R .....

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..... eplies
GST
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 .....

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..... -I of the GST Act. 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 co .....

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..... ntainers only. Also, 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 .....

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..... at only after verification of records i.e. books of account. Reply By Bhupinder Singh: The Reply: Thankyou for your expert comment
Discussion Forum - Knowledge Sharing .....

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