Classification of ElectroInk supplied along with consumables under GST; and Determination of time and value of supply of ElectroInk with consumables under the indigo press Contract?
Supply of Electro Ink supplied with consumables is a mixed supply as defined under Section 2(74) of CGST Act 2017 and is a continuous supply of Goods u/s 2(32) of CGST Act
Time of supply of Electro Ink supplied with consumables under the Indigo press contract would be earliest date between the date of Invoice or date of receipt of payment.
The value of Supply will be transaction value as declared in the invoice issued u/s 31(4) of CGST Act
Maharashtra AUTHORITY FOR ADVANCE RULINGS
HP India Sales Private Limited
ARA- 38/2017-18/B- 45 Mumbai, dt. 08.06.2018
Download Judgment Click here
Other GST Judgment