https://www.taxtmi.com/forum/issue?id=114915 Whether HSD issued to a contractor is includible in the transaction value for GST hinges on whether the fuel supplied free to the job-worker constitutes part of the consideration and is consumed in the job-work process; if consumables sent for processing are exhausted and not returned, administrative rulings treat them as supplies liable to GST, whereas contractual segregation and adjustment by debit/credit notes are argued by others to avoid independent tax liability. en-us Fri, 26 Apr 2019 10:46:45 +0530 Thu, 23 Jan 2025 15:55:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114915 Whether HSD issued to a contractor is includible in the transaction value for GST hinges on whether the fuel supplied free to the job-worker constitutes part of the consideration and is consumed in the job-work process; if consumables sent for processing are exhausted and not returned, administrative rulings treat them as supplies liable to GST, whereas contractual segregation and adjustment by debit/credit notes are argued by others to avoid independent tax liability. Discussion-Forum GST Fri, 26 Apr 2019 10:46:45 +0530 https://www.taxtmi.com/forum/issue?id=114915