https://www.taxtmi.com/caselaws?id=764599 AAR Tamil Nadu ruled that the value of silver supplied free of cost by Naval formations (through old batteries) must be included in the taxable value of new batteries manufactured and supplied back to them. The Authority determined that since consideration was not paid wholly in money, Section 15(1) of CGST Act was inapplicable for transaction value determination. The supplier and recipient being unrelated persons, the free supply of silver as essential manufacturing input required inclusion in taxable value for GST purposes, distinguishing this case from circular guidance on moulds and dies. en-us Fri, 06 Dec 2024 00:00:00 +0530 Tue, 03 Jun 2025 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764599 AAR Tamil Nadu ruled that the value of silver supplied free of cost by Naval formations (through old batteries) must be included in the taxable value of new batteries manufactured and supplied back to them. The Authority determined that since consideration was not paid wholly in money, Section 15(1) of CGST Act was inapplicable for transaction value determination. The supplier and recipient being unrelated persons, the free supply of silver as essential manufacturing input required inclusion in taxable value for GST purposes, distinguishing this case from circular guidance on moulds and dies. Case-Laws GST Fri, 06 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764599