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>GST Transactions: Record Both Value and Taxable Value; Follow Schedule 1 for No Consideration Supplies.</h1> For each transaction under GST, both the value and taxable value must be recorded, even if they differ. In instances where there is no consideration, but the transaction qualifies as a supply under Schedule 1, the taxable value must be calculated according to prescribed methods and submitted accordingly.