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>Rule 27 of CGST Rules 2017: How to Determine Value of Supply When Not Fully in Money</h1> Under the Central Goods and Services Tax Rules, 2017, Rule 27 outlines the determination of the value of supply when consideration is not wholly in money. The value is determined as follows: (a) the open market value, (b) if unavailable, the sum of monetary consideration and equivalent non-monetary value, (c) if still undeterminable, the value of similar goods or services, and (d) if none of these apply, a value determined by rules 30 or 31. For example, a phone exchanged with an old one is valued at its open market price, and a laptop bartered with a printer is valued by adding the known printer value.
TaxTMI 
TaxTMI 
