https://www.taxtmi.com/acts?id=28476 Value of supply is the transaction value-price actually paid or payable where parties are not related and price is the sole consideration. The value includes certain taxes and charges other than GST, amounts borne by the recipient but payable by the supplier, incidental expenses (commission, packing), interest or penalties for delayed payment, and subsidies directly linked to the price (included for the subsidy recipient). Discounts are excluded if recorded on invoice at or before supply, or if post-supply discounts are under pre-existing agreements with reversal of attributable input tax credit. Prescribed rules apply where transaction value cannot be determined. en-us Thu, 29 Jun 2017 15:36:12 +0530 Tue, 01 Aug 2017 18:25:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28476 Value of supply is the transaction value-price actually paid or payable where parties are not related and price is the sole consideration. The value includes certain taxes and charges other than GST, amounts borne by the recipient but payable by the supplier, incidental expenses (commission, packing), interest or penalties for delayed payment, and subsidies directly linked to the price (included for the subsidy recipient). Discounts are excluded if recorded on invoice at or before supply, or if post-supply discounts are under pre-existing agreements with reversal of attributable input tax credit. Prescribed rules apply where transaction value cannot be determined. Act-Rules GST - States Thu, 29 Jun 2017 15:36:12 +0530 https://www.taxtmi.com/acts?id=28476