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GST - States - Highlights / Catch Notes

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Clarification on availability of ITC in respect of warranty ...

GST - States

March 21, 2024

Clarification on availability of ITC in respect of warranty replacement of parts and repair services during warranty period - Assam SGST - The circular aims to clarify the GST implications on the warranty replacement of parts and repair services that are provided without any separate consideration (payment) from the customer. - For manufacturers and distributors, the circular offers guidance on handling ITC and GST for warranty services, reducing the risk of litigation and compliance issues.

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