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<h1>Understanding Valuation of Goods/Services under CGST Act 2017: Key Rules 27-31 Explained for Complex Transactions.</h1> Section 15(4) of the CGST Act 2017 addresses scenarios where the value of goods or services cannot be determined under section 15(1). In such cases, the value is determined as prescribed by rules 27 to 31 of the CGST Rules. Rule 27 deals with valuation when consideration is not solely monetary. Rule 28 addresses valuation between distinct or related persons, excluding agents. Rule 29 concerns valuation through agents. Rules 30 and 31 prescribe valuation methods for specific cases. For example, if a television is exchanged for another item, the open market value, not the negotiated price, determines the supply value.