Question 23: Any returnable packing material i we are received from customer is it taxable.
Kindly clarify with GST law.


Answer The value of supply in normal course on which tax is to be paid is the transaction value if the price is the sole consideration otherwise it is to be calculated as per Rule 27 to Rule 35 of GST rules
Therefore the price of returnable packaging if not charged separately will not be added to the value of the goods (Reply dt. 15/3/2018)