https://www.taxtmi.com/acts?id=23912 Value of taxable supply is generally the transaction value where the supplier and recipient are not related and price is the sole consideration. The value includes specified taxes, recipient-incurred amounts, incidental expenses, delayed payment charges and price-linked subsidies, but excludes permissible discounts. If value cannot be determined under the ordinary rule, or for notified supplies, it is determined in the prescribed manner. The provision also sets out when persons are treated as related persons. en-us Mon, 27 Mar 2017 16:58:39 +0530 Thu, 25 Jun 2026 15:43:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23912 Value of taxable supply is generally the transaction value where the supplier and recipient are not related and price is the sole consideration. The value includes specified taxes, recipient-incurred amounts, incidental expenses, delayed payment charges and price-linked subsidies, but excludes permissible discounts. If value cannot be determined under the ordinary rule, or for notified supplies, it is determined in the prescribed manner. The provision also sets out when persons are treated as related persons. Act-Rules GST Mon, 27 Mar 2017 16:58:39 +0530 https://www.taxtmi.com/acts?id=23912