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<h1>Understanding Section 15(2) CGST Act: Key Components in Transaction Value for GST, Including Taxes, Duties, and Subsidies.</h1> Section 15(2) of the CGST Act 2017 outlines the components to be included in the transaction value of supply for GST purposes. This includes taxes, duties, and charges levied under laws other than GST, amounts incurred by the recipient on behalf of the supplier, incidental expenses, and interest or penalties for delayed payments. Subsidies linked to price, excluding those from the government, are also included. Clarifications and examples highlight specific scenarios, such as the inclusion of reimbursable expenses, composite supplies, and the treatment of subsidies and interest in determining the value of supply.