https://www.taxtmi.com/acts?id=30004 Value of supply is the transaction value-the price actually paid or payable when supplier and recipient are not related persons and price is sole consideration. Value includes separately charged taxes and duties (other than GST), amounts paid by recipient on supplier's behalf, incidental expenses like commission and packing, charges for acts done at or before delivery, interest or penalties for delayed payment, and subsidies directly linked to price. Discounts properly invoiced or agreed and accompanied by reversal of attributable input tax credit are excluded. Prescribed methods apply where transaction value cannot be determined. en-us Sat, 08 Jul 2017 09:54:28 +0530 Sat, 29 Jul 2017 14:43:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30004 Value of supply is the transaction value-the price actually paid or payable when supplier and recipient are not related persons and price is sole consideration. Value includes separately charged taxes and duties (other than GST), amounts paid by recipient on supplier's behalf, incidental expenses like commission and packing, charges for acts done at or before delivery, interest or penalties for delayed payment, and subsidies directly linked to price. Discounts properly invoiced or agreed and accompanied by reversal of attributable input tax credit are excluded. Prescribed methods apply where transaction value cannot be determined. Act-Rules GST - States Sat, 08 Jul 2017 09:54:28 +0530 https://www.taxtmi.com/acts?id=30004