Farmers' Fair Trade Premium Subject to GST; Considered Part of Taxable Supply's Value and Consideration.

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Full Text of the Document

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....Levy of GST - Fair Trade Premium - association of farmers, engaged in supply of agricultural produce through concept of fair trade - The Fair Trade Premium forms part of the consideration and value of taxable supply of the goods supplied and the applicant is liable to pay GST on the same rate as the rate applicable to the respective goods supplied. - AAR....