https://www.taxtmi.com/acts?id=23912 The value of a supply of goods or services or both is ordinarily the transaction value, being the price actually paid or payable where the supplier and recipient are not related and the price is the sole consideration. The taxable value includes specified taxes, incidental expenses, delayed payment charges and price-linked subsidies, while eligible discounts are excluded if properly recorded or supported by a credit note and reversal of input tax credit. Where value cannot be determined under the main rule, or for notified supplies, valuation must follow the prescribed method. en-us Mon, 27 Mar 2017 16:58:39 +0530 Mon, 06 Apr 2026 17:35:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23912 The value of a supply of goods or services or both is ordinarily the transaction value, being the price actually paid or payable where the supplier and recipient are not related and the price is the sole consideration. The taxable value includes specified taxes, incidental expenses, delayed payment charges and price-linked subsidies, while eligible discounts are excluded if properly recorded or supported by a credit note and reversal of input tax credit. Where value cannot be determined under the main rule, or for notified supplies, valuation must follow the prescribed method. Act-Rules GST Mon, 27 Mar 2017 16:58:39 +0530 https://www.taxtmi.com/acts?id=23912