https://www.taxtmi.com/acts?id=26393 The Act makes transaction value the primary basis for supply valuation where parties are not related and price is sole consideration, and specifies that value includes separately charged taxes and fees (other than the GST Acts), amounts paid by the recipient on the supplier's behalf, incidental expenses (commission, packing), interest or penalties for late payment, and subsidies directly linked to price; discounts are excluded if invoiced at or before supply or if post-supply contractual discounts are linked to invoices and attributable input tax credit is reversed. en-us Sat, 17 Jun 2017 16:06:42 +0530 Tue, 20 Jun 2017 13:13:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=26393 The Act makes transaction value the primary basis for supply valuation where parties are not related and price is sole consideration, and specifies that value includes separately charged taxes and fees (other than the GST Acts), amounts paid by the recipient on the supplier's behalf, incidental expenses (commission, packing), interest or penalties for late payment, and subsidies directly linked to price; discounts are excluded if invoiced at or before supply or if post-supply contractual discounts are linked to invoices and attributable input tax credit is reversed. Act-Rules GST - States Sat, 17 Jun 2017 16:06:42 +0530 https://www.taxtmi.com/acts?id=26393