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Asked by Prashant on :Jul. 10, 2018

I have transferred the right to use goods...

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

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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Harassing: Disrespectful or rude towards a person or a group. Spam: Promotes an undisclosed link or product or service. Ingenuine: Not seeking genuine answers. Rotten: Vulgar, Obscene, abusive etc... Alien: Not a post on law or business. Plagiarism: Copied from other website or source and pasted here. Unformatted: Has bad format, grammar, spelling so requires moderatation.

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

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