Value of Free Silver includible in Taxable Value of Batteries for GST: TN AAR

By CA Sandeep Kanoi Goods and Services Tax Judiciary March 4, 2025

Case Name: In re High Energy Batteries (India) Limited (GST AAR Tamilnadu)
Appeal Number: Only available for paid members
Date of Judgement/Order: Only available for paid members
Courts: AAR Tamilnadu, Advance Rulings

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In re High Energy Batteries (India) Limited (GST AAR Tamilnadu) Tamil Nadu Authority for Advance Ruling (AAR) has held that the value of silver supplied free of cost by Naval formations in the form of used batteries must be included in the taxable value of new batteries manufactured and supplied by M/s High Energy Batteries (India) Limited. The ruling clarifies the tax treatment of free-of-cost (FOC) inputs in the manufacturing process and aligns with the provisions of the Central Goods and Services Tax (CGST) Act, 2017. M/s High Energy Batteries, engaged in manufacturing Silver Oxide Zinc Tor...

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