Actual Transaction value includes escalated value for GST payment

In re B P Sangle Constructions Pvt. Ltd. (GST AAR Maharashtra) Escalated value received under service contract to be considered for the payment of GST The AAR, Maharashtra in the matter of B P Sangle Constructions Pvt. Ltd. [Advance Ruling No. GST-ARA-44/2020-21/B-41 dated March 31, 2022] held that, escalated value received under a contract for service of construction of road during the Goods and Services Tax (GST) regime, shall be added to the original contract value and the actual transaction value should be considered for payment of tax. Facts: M/s. B P Sangle Constructions Pvt. Ltd. (“t...