AAR: Transfer of ownership in moulds to Indian Buyer without physical import liable to GST

Tamil Nadu AAR holds that GST is liable to be paid on transfer of title in moulds from applicant to Indian buyer as it constitutes supply of goods; Notes that applicant engaged in supply of automotive components placed an order for manufacturing said parts and moulds on a Thailand Company, and the moulds developed are retained in Thailand and not physically imported into India but ownership is transferred from foreign supplier to the applicant and from applicant to Indian ven...