Inclusion of value of Assets not in GST purview for apportionment towards transfer of ITC in case of demerger

In re IBM India Private Limited (GST AAR Karnataka)

Q1. Whether the value of assets which are outside the purview of GST is required to be included in the value of assets for the purpose of apportionment towards transfer of input tax credit in case of de-merger in terms of Section 18(3) of CGST Act, 2017 read with Rule 41(1) of CGST Rules, 2017?

A1. The value of assets which are outside the purview of GST is required to be included in the value of asse

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