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Query Details

Asked by Prashant on :Jul. 10, 2018

I have transferred the right to use goods t…

I have transferred the right to use goods to one of my clients, Is it treated as a supply of …

I have transferred the right to use goods to one of my clients, Is it treated as a supply of goods?

0

Jeeba Jul. 10, 2018

No,
Since you have transferred the title on such supply (i.e goods), transfer of the right to use goods shall be treated as a supply of service.

Transfer of right to use is specifically treated as a supply of service in Schedule-II of CGST/SGST Act.

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