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GST - Highlights / Catch Notes

Home Highlights April 2023 Year 2023 This

Valuation - inclusion of value of material supplied Free of Cost ...

Case Laws     GST

April 24, 2023

Valuation - inclusion of value of material supplied Free of Cost (FOC) by the buyer - Combine readings of provisions of section 15 - from such type of adjustments applicant will receive the consideration in barter. I.e. one consideration in the shape of price as per agreement and second in the shape of free issue of essential inputs like cement and steels. - For part of transaction value for GST - AAR

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