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GST - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

Valuation of supply of services - activities undertaken for ...

Case Laws     GST

February 23, 2023

Valuation of supply of services - activities undertaken for milling of wheat into wheat flour, along with fortification and supplied upon packing of the same - the value of by-products so retained by the appellant yielded during CMR milling, which were allowed to be retained by the appellant to meet the CMR activity cost shall obviously be included as part of value of supply and also to be termed as a bona fide form of consideration’. - AAR

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