What is deemed receipt of supply?

GST Context

  • Refers to situations where a supply is considered received even without physical delivery
  • Legal fiction created to trigger tax liability or ITC eligibility
  • Important for accounting, valuation, and compliance
  • Covers cases of delivery on behalf of recipient, job work, or third-party delivery
  • Governed by Section 31, 16 and relevant GST rules

Scenarios Where Deemed Receipt Applies

  • Delivery to a third party on instruction of buyer
  • Movement of goods to job worker with return expected later
  • Advance payment received for services (time of supply rules)
  • Transfer of title or documents of title before physical receipt
  • Stock transfer between branches (distinct persons under GST)

Importance in ITC Claims

  • ITC can only be claimed after goods are received by the recipient
  • If goods are delivered in batches, ITC is available after last lot
  • Services deemed received on invoice and payment basis
  • Exceptions exist for goods delivered to agent or third-party recipient
  • Deemed receipt enables ITC even without physical receipt in some cases

Impact on Invoicing and Returns

  • Supplier must raise invoice based on deemed supply date
  • Tax liability arises as per time of supply provisions
  • GST returns must reflect supply and tax payment accordingly
  • Buyer can claim ITC only after deemed receipt and compliance
  • Mismatches may lead to notices or ITC reversal

Compliance Considerations

  • Clear agreements and instructions for third-party delivery
  • Transport documents must mention delivery address and consignee
  • Goods must be received within 180 days for ITC retention
  • Deemed supply affects timing of tax liability, not commercial ownership

Maintain delivery challans and endorsement for job work and agents

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

dinamobetdinamobet girişdinamobet güncel girişdinamobetdinamobet girişdinamobet güncel girişdinamobetdinamobet girişdinamobet güncel girişdinamobetdinamobet girişdinamobet güncel girişdinamobetdinamobet girişdinamobet güncel girişdinamobetdinamobet girişdinamobet güncel girişgrandpashabetslot sitelerigüvenilir slot siteleriextrabetextrabet girişextrabet güncel girişdinamobetdinamobet girişdinamobet güncel girişdinamobetdinamobet girişdinamobet güncel girişdinamobetdinamobet girişdinamobet güncel girişdinamobetdinamobet girişdinamobet güncel girişdinamobetdinamobet girişdinamobet güncel girişgrandpashabetgrandpashabet girişgrandpashabetgrandpashabetgrandpashabet girişgrandpashabetgrandpashabet girişdinamobetdinamobet girişdinamobet güncel girişdinamobetdinamobet girişdinamobet güncel girişgrandpashabetgrandpashabetcratosroyalbetgrandpashabetgrandpashabetgrandpashabetgrandpashabetcasipopcasipop girişcasipop güncelromabetromabetromabet girişjojobetjojobet girişgrandpashabetdinamobetdinamobet girişdinamobet güncel girişgrandpashabetbetparkgrandpashabetgrandpashabetcasibomcasibom girişcasibom günceldinamobetdinamobet girişdinamobet güncel girişgrandpashabetgrandpashabetdinamobetdinamobet girişdinamobet güncel girişgrandpashabetdinamobetdinamobet girişdinamobet güncel girişgrandpashabet güncel girişbetpark güncel girişsekabetsekabetcasinoroyalcasinoroyal girişjojobetjojobet girişjojobet güncel girişjojobetjojobet girişjojobet güncel girişjojobetjojobet girişjojobet güncel girişsekabet girişgrandpashabetgrandpashabet girişbetparkbetpark girişgrandpashabetbetparkbetpark girişgrandpashabetgrandpashabetgrandpashabetbetparkgrandpashabetgrandpashabetgrandpashabetgrandpashabetgrandpashabet girişbahsegelbahsegel girişjojobet girişgrandpashabetgrandpashabetgrandpashabet giriş
vox casino
Utländska casino free spins
casino uden rofus
NV Casino PL