https://www.taxtmi.com/acts?id=26067 Value of a supply is the transaction value where supplier and recipient are not related persons and price is the sole consideration. The value must include certain taxes and charges when separately charged, amounts borne by recipient on supplier's behalf, incidental expenses, interest or penalties for delayed payment, and subsidies directly linked to price. Discounts recorded on invoice or arising under pre-existing agreements (with reversal of attributable input tax credit) are excluded. Where transaction value cannot be determined, value follows prescribed methods and notified supplies are valued as prescribed. en-us Sat, 17 Jun 2017 14:17:35 +0530 Tue, 04 Jul 2017 09:58:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=26067 Value of a supply is the transaction value where supplier and recipient are not related persons and price is the sole consideration. The value must include certain taxes and charges when separately charged, amounts borne by recipient on supplier's behalf, incidental expenses, interest or penalties for delayed payment, and subsidies directly linked to price. Discounts recorded on invoice or arising under pre-existing agreements (with reversal of attributable input tax credit) are excluded. Where transaction value cannot be determined, value follows prescribed methods and notified supplies are valued as prescribed. Act-Rules GST - States Sat, 17 Jun 2017 14:17:35 +0530 https://www.taxtmi.com/acts?id=26067