Valuation rules applicability: applies where consideration is non monetary, parties are related or transaction value unreliable. Valuation Rules apply where consideration is non monetary, where parties are related or the supplier belongs to specified categories, or where the declared transaction value is not reliable; in such cases the rules provide alternative valuation methods to determine taxable value.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Valuation rules applicability: applies where consideration is non monetary, parties are related or transaction value unreliable.
Valuation Rules apply where consideration is non monetary, where parties are related or the supplier belongs to specified categories, or where the declared transaction value is not reliable; in such cases the rules provide alternative valuation methods to determine taxable value.
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