GST liability on the purchase of biomass power plant through e-auction

In re Shikhar Commodities (GST AAR Chhattisgarh)

In the instant case of the applicant, it is seen that acquiring of assets viz. Biomass Power Plant (8 MW Capacity) by way of sale of assets and properties owned by the Corporate Debtor, M/s Vandana Vidhyut Limited, in Liquidation forming part of Liquidation Estate formed by the Liquidator under Insolvency and Bankruptcy Code, 2016, through e-auction for a consideration is supply of goods and not supply of services in view of the stipulations under SCHEDULE II of Section 7 of the COST Act,2017. Thus, the i

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