<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Is contract price not sufficient to determine valuation of supply?</title>
    <link>https://www.taxtmi.com/acts?id=22285</link>
    <description>Valuation of supply under GST uses the contract price, referred to as the transaction value, as the primary basis for computing tax; where the price is influenced by the relationship between parties or where transactions are deemed supplies without an explicit price, those influences must be addressed so the transaction value reflects the correct taxable value.</description>
    <language>en-us</language>
    <pubDate>Thu, 22 Sep 2016 16:05:28 +0530</pubDate>
    <lastBuildDate>Thu, 22 Sep 2016 16:05:28 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=442136" rel="self" type="application/rss+xml"/>
    <item>
      <title>Is contract price not sufficient to determine valuation of supply?</title>
      <link>https://www.taxtmi.com/acts?id=22285</link>
      <description>Valuation of supply under GST uses the contract price, referred to as the transaction value, as the primary basis for computing tax; where the price is influenced by the relationship between parties or where transactions are deemed supplies without an explicit price, those influences must be addressed so the transaction value reflects the correct taxable value.</description>
      <category>Act-Rules</category>
      <law>Bills</law>
      <pubDate>Thu, 22 Sep 2016 16:05:28 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=22285</guid>
    </item>
  </channel>
</rss>