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<h1>Valuation of supply: suppliers may elect prescribed methods for foreign exchange, travel booking, insurance, second hand goods, vouchers.</h1> Suppliers may elect prescribed valuation methods: for foreign exchange either the spread over the RBI reference rate with fallbacks or a deemed percentage table for transaction bands; air travel agent services are deemed a percentage of the basic fare; life insurance premiums are valued by deductions for investment allocations or by specified percentage rules; second hand goods without input tax credit are valued on a margin basis with special rules for repossessed goods; redeemable tokens/vouchers equal the money value of redeemable supplies; government may notify certain intra group services as nil where input tax credit exists.