GST Implications of Deposit Works: AAR Rulings on Supply, Valuation & ITC for PVVNL

In re Pashchimanchal Vidyut Vitran Nigam Limited (AAR Uttar Pradesh) The Uttar Pradesh Authority for Advance Ruling (AAR) has addressed key questions raised by M/s Pashchimanchal Vidyut Vitran Nigam Limited (PVVNL) regarding the applicability of Goods and Services Tax (GST) on deposit works undertaken by the company. PVVNL, a subsidiary of Uttar Pradesh Power Corporation Ltd., sought clarity on whether its involvement in deposit works for electricity infrastructure development qualifies as a taxable supply under the Central Goods and Services Tax (CGST) Act, 2017. The Application for Advance R...