TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>GST Valuation Rules 2016: Guidelines for Pure Agents and Money Changers on Excluding Costs from Taxable Value</h1> The GST Valuation Rules, 2016, address valuation in specific cases involving pure agents and money changers. For pure agents, costs incurred by the service provider on behalf of the service recipient are excluded from taxable value if certain conditions are met, including authorization and transparency in invoicing. A pure agent acts without holding title to goods or services and only recovers actual costs. For money changers, the value of services related to currency exchange is determined by the difference between the buying or selling rate and the RBI reference rate, or 1% of the transaction amount when the reference rate is unavailable.
TaxTMI 
TaxTMI 
