QUESTION
My client is the manufacturer of sports goods. Every year we renew the agreement
with the sports player both domestic and international. The agreement contains
the sponsorship amount we are supposed to pay them along with Sports goods given
to them for playing internationally and practice purpose. We are paying the RCM
on the amount given to player as a sponsorship.... What is the provision of tax
on goods given to them as a part of agreement as free of cost products? -> Do I
need to pay the RCM on the goods given to them as the part of sponsorship as
mentioned in the agreement. -> Do I need to pay the tax on the goods given to
them as FOC and pay GST on the similar sale price of the particular goods.
Please provide the relevant section.... PS- CBIC is demanding that since goods
are given to them as part of written agreement so it is the part of service and
we have to pay RCM on sports goods given to them as FOC.
ANSWER
Facts of the case: As per the Sponsorship agreement, sports goods are supplied FOC to the players along with Sponsorship amount.
Law Applicable: SECTION 7 OF CGST ACT
(1) For the purposes of this Act, the expression 'supply' includes''
(a) all forms of supply of goods or services or both such as sale, transfer,
barter, exchange, licence, rental, lease or disposal made or agreed to be made
for a consideration by a person in the course or furtherance of business;(b)
import of services for a consideration whether or not in the course or
furtherance of business; and
(c) the activities specified in Schedule I, made or agreed to be made without a
consideration;
SECTION 2 OF CGST ACT
(31) 'consideration' in relation to the supply of goods or services or both
includes''
(a) any payment made or to be made, whether in money or otherwise, in respect
of, in response to, or for the inducement of, the supply of goods or services or
both, whether by the recipient or by any other person but shall not include any
subsidy given by the Central Government or a State Government;
(b) 'the monetary value of any act or forbearance, in respect of, in response
to, or for the inducement of, the supply of goods or services or both, whether
by the recipient or by any other person but shall not include any subsidy given
by the Central Government or a State Government:
Provided that a deposit given in respect of the supply of goods or services or
both shall not be considered as payment made for such supply unless the supplier
applies such deposit as consideration for the said supply;
Interpretation: As per section 2(31) consideration can be in cash or kind, now
the issue arises is whether the sports goods supplied free of cost can be
considered as consideration in kind?
In our opinion, sports goods are given to players just for performing the
service, it cannot be considered as consideration in kind. Thus sports goods
given on FOC is outside the definition of supply and GST will not be applicable.
However as sports goods are supplied free of cost, ITC on such goods is not
available and thus required to be reversed.
Conclusion: Sports goods given to players free of cost is not covered under
definition of supply, GST will not be applicable, thus question of RCM does not
arise. (Reply dt. 9/1/2020)