https://www.taxtmi.com/article/detailed?id=7397 The note explains that under GST a taxable person includes registered persons and that separate state-wise registrations for offices, showrooms and workshops will treat them as distinct persons, making inter-unit transfers taxable. It states valuation is transaction value where price is sole consideration, lists statutory inclusions and narrow discount exclusions, and identifies key valuation disputes (reimbursements, demo cars, commissions, discounts). It warns advances, service vouchers, stock transfers and secondhand vehicle exchanges will raise working capital and timing issues needing regulatory clarity. en-us Fri, 05 May 2017 07:11:02 +0530 Fri, 05 May 2017 07:11:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7397 The note explains that under GST a taxable person includes registered persons and that separate state-wise registrations for offices, showrooms and workshops will treat them as distinct persons, making inter-unit transfers taxable. It states valuation is transaction value where price is sole consideration, lists statutory inclusions and narrow discount exclusions, and identifies key valuation disputes (reimbursements, demo cars, commissions, discounts). It warns advances, service vouchers, stock transfers and secondhand vehicle exchanges will raise working capital and timing issues needing regulatory clarity. Articles Goods and Services Tax - GST Fri, 05 May 2017 07:11:02 +0530 https://www.taxtmi.com/article/detailed?id=7397