B P Sangle Constructions Pvt. Ltd ., In re
Date: March 31, 2022
Court: Authority for Advance Ruling
Bench: Maharashtra
Type: Advance Ruling
Judge(s)/Member(s): Rajiv Magoo, T R Ramnani
Subject Matter
Escalated value shall be added to the taxable value u/s 15
Summary
Section 15 (1) says that the value of a supply of goods or services or both shall be the transaction value and the transaction value in the subject case will also include the escalated value (as per the impugned contract), which is being recove…
The present application has been filed under section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act” respectively] by M/s. B P Sangle Constructions Pvt. Ltd. the applicant, seeking an advance ruling in respect of the following question. NHAI has awarded a contract for c…