Supply of asset at retail outlets

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..... hi, My organisation is in beverage sector. we give fridge to shops/retail outlets to ensure supply of chilled beverages to consumers. we also pay rent to retail outlets for the space occupied. My question is , what is the document with which i need to send the asset to shops/retail outlets.? does this considered as supply? - Reply By KASTURI SETHI - The Reply = SH.JOHN SHANNEL JI, In th .....

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..... is scenario, since the ownership of fridge etc. remains with your organization, so it is not supply. It is not a permanent transfer. Hence such temporary transfer is not covered under Schedule-1 . You can send such assets under 'delivery challan'. under Rule 138 A(5)(b) of CGST Rules . - Reply By Shilpi Jain - The Reply = Yes..agree with kasturi sir. Also this is not in the nature o .....

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..... f gift and thereby credit should also be eligible... - Reply By JOHN SHANNEL - The Reply = Thanks for the reply, would also like to check is there any timelimit for taking back the asset from the outlet. eg; can he use the asset for 5 years? - Reply By Shilpi Jain - The Reply = Since this transaction is not job work, there is no time limit to get back the goods. - Supply of asset at retail o .....

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..... utlets - Query Started By: - JOHN SHANNEL Dated:- 3-11-2021 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 - TMITax .....

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