Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Doubts on GST transaction value arise from discrepancies in market value, misdeclarations, or comparable higher values per Rule 7(b).</h1> Reasons for doubting the declared transaction value under GST include instances where comparable supplies are at significantly higher values, transactions occur at values significantly lower or higher than the market value, and misdeclarations in parameters such as description, quantity, quality, or year of make. These reasons are outlined in Rule 7(b) of the draft GST Valuation Rules and are indicative rather than exhaustive.