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The Central Board of Indirect Taxes and Customs updates Circular No. 23/23/2017-GST to revise the condition for input tax credit claims on goods supplied through auction. The auctioneer claims input tax credit for the supply made by the principal before or after the auction of goods like tea, coffee, and rubber. The department applies this clarification to goods supplied only through auction.
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Corrigendum to Circular No. 23/23/2017-GST
F.No. 349/58/2017-GST Government of India Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing
New Delhi, Dated the $4^{\text{th}}$ September, 2018
To, The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All) The Principal Directors General / Directors General (All)
Madam/Sir,
Subject: Corrigendum to Circular No. 23/23/2017-GST dated 21$^{\text{st}}$ December 2017 issued vide F. No. 349/58/2017- regarding
In Para No. 4 of the said circular,
for
"It is further clarified that this Circular is applicable to the supply of tea, coffee, rubber, etc where the auctioneer claims ITC in respect of the supply made to him by the principal before the auction of such goods and the said goods are supplied only through auction."
read,
"It is further clarified that this Circular is applicable to the supply of tea, coffee, rubber, etc where the auctioneer claims ITC in respect of the supply made to him by the principal before or after the auction of such goods and the said goods are supplied only through auction."
(Upender Gupta) Commissioner (GST)
