AAR : 'Delayed payment surcharge' not a 'separate service', taxable basis 'initial supply' nature

Madhya Pradesh AAR holds that delayed payment surcharge/ Late payment surcharge/Surcharge on outstanding amount cannot be treated a separate service but is includible in value of initial service i.e. Transmission/ distribution of electricity; Notes that applicant, engaged in rural electrification work and supply of electricity to commercial and non-commercial consumers, is eligible for exemption from levy of GST under Entry No. 25 of Notification No. 12/2017 – Central Tax (...