https://www.taxtmi.com/caselaws?id=436934 AAR Rajasthan ruled that manufacture and supply of Precast Manholes and Rises constitutes supply of goods, not services, under GST Act 2017. The applicant engaged in complete manufacturing process creating movable property, distinguishing it from job work. Regarding valuation, materials supplied free of cost by recipient must be included in transaction value under Section 15(1) CGST/RGST Act 2017. The arrangement represents barter consideration where applicant receives both monetary payment and free essential inputs like cement and steel, requiring inclusion of FOC materials' value for tax computation purposes. en-us Wed, 22 Mar 2023 00:00:00 +0530 Wed, 16 Apr 2025 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436934 AAR Rajasthan ruled that manufacture and supply of Precast Manholes and Rises constitutes supply of goods, not services, under GST Act 2017. The applicant engaged in complete manufacturing process creating movable property, distinguishing it from job work. Regarding valuation, materials supplied free of cost by recipient must be included in transaction value under Section 15(1) CGST/RGST Act 2017. The arrangement represents barter consideration where applicant receives both monetary payment and free essential inputs like cement and steel, requiring inclusion of FOC materials' value for tax computation purposes. Case-Laws GST Wed, 22 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436934