Activity

Key Points To Understand Place Of Supply of Goods*
1) *Place of Supply is very important to determine* whether a transaction is a intra-state sale or inter-state sale. And accordingly SGST, CGST & IGST will be determined.
2) Situation for determining Place Of Supply of Good-
A) *Where the supply involves movement of goods*- Place of Supply is the Place where movement of Goods Terminates.
B) *Where goods are delivered by the Supplier to a recipient or any other person on the direction of a third person* by way of transfer of documents of title of goods – Principal place of business of third person (the place which is mentioned in the registration certificate).
C) *Where the supply involves no movement of goods*- Place of Supply shall be the location of such goods at the time of the delivery to the recipient. *For Example* – This will mainly cover over the counter sale. Like when you go to mall and purchase and take delivery there itself.
D) *Where goods involve Installation / assembly at site*- Place of Supply shall be the Place of such installation or assembly
E) *Where the goods are supplied on board a conveyance*, such as a vessel, an aircraft, a train or a motor vehicle- Place of supply shall be Location at which such goods are taken on board. *For example* Goods sold in Aircraft, Cruise, etc
F) *Where supply involves export & import of goods*.- Goods Imported or exported are always Treated Inter state supply and IGST will be Charged.