https://www.taxtmi.com/caselaws?id=427002 The AAR, Uttarakhand ruled that suppliers correctly included GST paid on inputs as part of transaction value under Section 15 of CGST Act, 2017. The Authority held that GST paid by suppliers on vendor supplies constitutes a cost component forming part of the transaction value for work contracts involving equipment supply, installation and civil work. This does not amount to double charging of GST but represents the actual price payable. The valuation method adopted by the suppliers was found compliant with GST provisions and CBEC clarifications regarding compulsory inclusions in taxable value. en-us Wed, 13 Jul 2022 00:00:00 +0530 Sat, 05 Apr 2025 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427002 The AAR, Uttarakhand ruled that suppliers correctly included GST paid on inputs as part of transaction value under Section 15 of CGST Act, 2017. The Authority held that GST paid by suppliers on vendor supplies constitutes a cost component forming part of the transaction value for work contracts involving equipment supply, installation and civil work. This does not amount to double charging of GST but represents the actual price payable. The valuation method adopted by the suppliers was found compliant with GST provisions and CBEC clarifications regarding compulsory inclusions in taxable value. Case-Laws GST Wed, 13 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427002