https://www.taxtmi.com/article/detailed?id=6876 Valuation under GST adopts the transaction value where price is sole consideration; otherwise supplies are valued sequentially by comparison, computed value and residual methods. Transaction value expressly includes recipient borne liabilities, free or reduced goods/services supplied by recipient, related royalties, non GST taxes, incidental expenses, linked subsidies, reimbursable costs and certain post supply discounts, while documented pre supply discounts are excluded. Proper officers may question declared values, issue written grounds, afford hearing, and then determine value per the prescribed sequence. Rules define pure agent exclusions and prescribe specific measures for money changer services. en-us Wed, 29 Jun 2016 18:57:00 +0530 Wed, 29 Jun 2016 18:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6876 Valuation under GST adopts the transaction value where price is sole consideration; otherwise supplies are valued sequentially by comparison, computed value and residual methods. Transaction value expressly includes recipient borne liabilities, free or reduced goods/services supplied by recipient, related royalties, non GST taxes, incidental expenses, linked subsidies, reimbursable costs and certain post supply discounts, while documented pre supply discounts are excluded. Proper officers may question declared values, issue written grounds, afford hearing, and then determine value per the prescribed sequence. Rules define pure agent exclusions and prescribe specific measures for money changer services. Articles Goods and Services Tax - GST Wed, 29 Jun 2016 18:57:00 +0530 https://www.taxtmi.com/article/detailed?id=6876