Clarification on GST Liability and ITC Availability for Warranty/Extended Warranty

Last updated: 27 June 2024

Notice Date : 26 June 2024

Quick Summary

This notification provides further clarification on the Goods and Services Tax (GST) liability and the availability of Input Tax Credit (ITC) concerning warranty and extended warranty services. It builds upon previous guidance issued in Circular No. 195/07/2023-GST. The aim is to ensure consistent application of GST laws across all tax authorities.

F. No. CBIC-20001/4/2024-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing ***** North Block, New Delhi Dated the 26th June, 2024 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commission

Daily Limit Reached

You have reached your daily limit of 2 Free Notice & Circular

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Broadcasts
Daily E-Newsletter
Unlimited Notice & Circular Access

BEST VALUE

2 YEAR PLAN

3,499

(Inclusive of GST)

1 YEAR PLAN

1,999

(Inclusive of GST)

Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

FAQ :

This notification aims to provide further clarifications on GST liability and Input Tax Credit (ITC) availability for warranty and extended warranty services, ensuring uniformity in implementation.

This notification refers to Circular No. 195/07/2023-GST dated 17.07.2023, which previously clarified issues regarding GST liability and ITC for warranty replacement parts and repair services.

The clarification was issued in response to representations received from trade and industry seeking further guidance on matters related to GST on warranties.

This notification is addressed to the Principal Chief Commissioners, Chief Commissioners, Principal Commissioners, Commissioners of Central Tax, and Principal Directors General, Directors General.

The notification clarifies issues regarding GST liability and the availability of input tax credit (ITC) in cases involving warranty and extended warranty.