Gst on goods on approval basis
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2017
What is the impact of GST on Goods sent on Approval Basis ? Whether challan has to be issued for goods sent for approval basis ?
12 July 2017
Goods sent on approval basis is not a supply under GST. Hence delivery challan is to be issued in such case.
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 July 2017
Is there any time period for the approval to be given or any procedure or rule which needs to be taken care of for it ?? Please refer the applicable section as well.
29 January 2019
Approval need to be accorded within 180 days of dispatch else it is treated as Supply under GST.
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