Goods and Services Tax – Started By: – JSW CEMENT LIMITED – Dated:- 10-10-2017 Last Replied Date:- 11-10-2017 – Dear All Experts,Kindly throw your valuable opinion on whether value of Free cost material should be included in works contract value for the purpose of charging GST – Reply By Himansu Sekhar – The Reply = Please refer to Sec 15(20(b) of CGST act,2017. The value of free cost materials is includible in the WCS. – Reply By KASTURI SETHI – The Reply = I agree with the view of Sh.Himansu Sekhar Ji. Section 15(2) (b) of CGST Act. – Reply By Ganeshan Kalyani – The Reply = Yes , value of material issued free of cost to the contractor to incorporate it into the construction work to be added to consideration. – Reply By Ganeshan Kalyani –
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