Circular No. 216/10/2024-GST: Clarification on GST Liability and ITC for Warranty and Extended Warranty

CIRCULAR NO. 216/10/2024-GST [F. NO. CBIC-20001/4/2024-GST]SECTION 7, READ WITH SECTION 9 OF THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 – SUPPLY – SCOPE OF – CLARIFICATION IN RESPECT OF GST LIABILITY AND INPUT TAX CREDIT (ITC) AVAILABILITY IN CASES INVOLVING WARRANTY/ EXTENDED WARRANTY, IN FURTHERANCE TO CIRCULAR NO. 195/07/2023-GST, DATED 17-7-2023CIRCULAR NO. 216/10/2024-GST [F. NO. CBIC-20001/4/2024-GST], DATED 26-6-2024Reference is invited to Circular No. 195/07/2023-GST, dated 17-7-2023 (herein after referred to as “the said circular”) clarifying certain issues regarding GST liability and...

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