https://www.taxtmi.com/acts?id=24393 Valuation for GST is governed by the concept of transaction value, defined as the price paid or payable when parties are not related and price is the sole consideration. The statutory framework prescribes inclusions and exclusions to this transaction value; for example, refundable deposits are excluded and discounts are excluded only if allowed subject to prescribed conditions before or at the time of supply. en-us Mon, 03 Apr 2017 14:57:38 +0530 Mon, 03 Apr 2017 14:57:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24393 Valuation for GST is governed by the concept of transaction value, defined as the price paid or payable when parties are not related and price is the sole consideration. The statutory framework prescribes inclusions and exclusions to this transaction value; for example, refundable deposits are excluded and discounts are excluded only if allowed subject to prescribed conditions before or at the time of supply. Act-Rules Bills Mon, 03 Apr 2017 14:57:38 +0530 https://www.taxtmi.com/acts?id=24393