TMI BlogActivity of designing and development of tools as per specification indicated by recipient of supply and getting same manufactured from third parties for eventual supply to overseas customers amounts to supply of goods and not composite supplyX X X X Extracts X X X X X X X X Extracts X X X X ..... Activity of designing and development of tools as per specification indicated by recipient of supply and getting same manufactured from third parties for eventual supply to overseas customers amounts to supply of goods and not composite supply - By: - Rajeev Jain - Goods and Services Tax - GST - Dated:- 21-3-2023 - - Whether activity of design and development of patterns/tools used for manufac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... turing camshaft for overseas customer amounts to composite supply APPELLATE AUTHORITY FOR ADVANCE RULINGS, MAHARASHTRA held in the case of IN RE: M/S. PRECISION CAMSHAFTS LIMITED - 2023 (1) TMI 1093 - APPELLATE AUTHORITY FOR ADVANCE RULING, MAHARASHTRA that: As per purchase order, overseas customer intended to receive manufactured pattern/tools as per their specification f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom appellant Appellant undertook in-house drawing, design, modelling, simulation and documentation for manufacture of tools and had hired third party for manufacturing said tools Third party had delivered tools and had raised invoice on applicant for such manufacturing Appellant had raised another invoice on overseas client indicating description of goods (tools) with quantity an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d rate Tools supplied to such customers are supplied on own account Appellant had not facilitated supply between overseas customer and third party vendor in order to treat transactions as intermediary Although tools were not exported to customers and have been retained by appellant for manufacturing camshaft, ownership over such tools was transferred to customers Such transac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion amounts to supply of goods and not composite supply Advance ruling is modified. Author can be reached at rajiv@rajivudai.com - - Scholarly articles for knowledge sharing authors experts professionals 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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