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 ?

CA Sukesh Bhatia

CA Sukesh Bhatia (Expert)
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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.

Ashish Bansal

Ashish Bansal (Expert)
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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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