Value of rent free space, free water & electricity will form part of value of supply

In re Vinayak Air Products Private Ltd (GST AAR Uttarakhand)

Whether the water and electricity charges as well as the notional rent of the land, provided free of charge by BHEL, CFFP to the applicant, shall form part of the value of supply of oxygen gas by the applicant?

Section 15(2)(b) ibid specifically includes any cost incurred by the recipient of goods, in the value of supply. These free of cost items have been used in the manufacturing process of Oxygen gas. Rent free land is used for setting up

Please become a Premium member. If you are already a Premium member, login here to access the full content.