Shutter fabricators

Save Share

This query is : Open

Quick Summary

A business is purchasing rolling shutters worth Rs 25 Lakhs from a GST-registered fabricator. The core question is whether this transaction constitutes a purchase of goods or services. Experts clarify that if the order includes the complete shutter with materials and labour, it's considered a purchase of goods. If it were only for fabrication and installation services, it would be an inward supply of labour services.

Marimuthu

Marimuthu (Querist)
Follow

04 October 2023 Dear Experts,
1 A company is purchasing the rolling shutters for its buinsess premises.
2 This company has given the order to the shutter fabricators around the value of Rs 25.00 Lakhs
3 The supplier is also a gst registered persons.
4 He has given the quotation as a sale of rolling shutter.
5 The query :
Is this a purchase of goods/services

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

04 October 2023 Yes, it's a purchase of goods.

Message likes : 1 times

RAJA P M

RAJA P M (Expert)
Follow

04 October 2023 @Marimuthu,. Are You giving full order of Shutter (with material and services also) or only given service of shutter fabrication and installation....???

Message likes : 1 times

RAJA P M

RAJA P M (Expert)
Follow

04 October 2023 If You are Purchasing Shutter (material with labour) then its purchase... If You are getting Fabrication and installation then its Inward of Labour service...

Marimuthu

Marimuthu (Querist)
Follow

05 October 2023 Good Morning Raja Sir,

Of course, we are giving the purchase order only not any type of raw materials and any type of labour force.

RAJA P M

RAJA P M (Expert)
Follow

05 October 2023 Very good morning Sir... Then its purchase of goods...

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now