About this document
Taxable Supply Valuation Under CGST Act by Arun Jyothi is a document available to read on EtoBox.
1) The value of taxable supply is the transaction value, which is the price actually paid or payable for the supply. 2) The transaction value includes taxes, third party payments, incidental expenses, interest/late fees, and subsidies that are directly linked to the price. 3) In related party transactions or when consideration is not wholly in money, alternative valuation methods apply, such as open market value, cost plus 10% markup, or reasonable means.
- Author
- Arun Jyothi
- Language
- EN