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TMI BlogDirect delivery of mouldsX X X X Extracts X X X X X X X X Extracts X X X X ..... Direct delivery of moulds X X X X Extracts X X X X X X X X Extracts X X X X ..... XYZ. On receipt, XYZ sells these products to its customers). XYZ does not charge ABC any amount for use of the moulds. Ownership of the moulds remains with XYZ. 1) Can XYZ claim ITC of moulds even though the moulds will not be in XYZ's premises? 2) What is the procedure / documentation to be done by XYZ, PQR and ABC in this transaction? Reply By YAGAY andSUN: The Reply: Yes, XYZ can avail ITC on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... such Mould, as there is no specific time limit prescribed in GST Laws to get it back from the job worker. Delivery Challan will be issued by XYZ on ABC even moulds received directly by ABC. Please check the job work procedure and sending the Mould related procedure. Reply By KASTURI SETHI: The Reply: In support of the reply of M/s.Yagay and Sun,Sir, the querist is requested to go through the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... following :-
1. Section 19(7) of CGST Act, 2017 as amended.
2. Board's Circular No.38/12/18-GST dated 26.3.18. Para Nos. 9.4(1), 9.5 & 9.6 refer.
3. Board's Circular No.47/21/2018-GST dated 8.6.18 Para No.1 refers.
4. Board's Circular No.88/7/2019-GST dated 1.2.19. Para No.4.10. refers. X X X X Extracts X X X X X X X X Extracts X X X X
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