https://www.taxtmi.com/notifications?id=120528 The notification inserts rules prescribing a hierarchical method for determining the value of supply-open market value, known monetary plus money equivalent of non monetary consideration, value of like kind and quality, and residual cost or principle based methods-and detailed valuation for special supplies (foreign exchange, ticketing, insurance, second hand goods, vouchers). It also sets documentary and procedural conditions for claiming input tax credit (eligible documents, FORM GSTR 2 filing, reversals for non payment within 180 days, exclusions for fraud), special ITC rules for financial institutions, ISD distribution formulas, attribution for common and capital goods, and timelines and forms for returns, refunds and transitional credit migration. en-us Fri, 30 Jun 2017 00:00:00 +0530 Fri, 14 Jul 2017 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=120528 The notification inserts rules prescribing a hierarchical method for determining the value of supply-open market value, known monetary plus money equivalent of non monetary consideration, value of like kind and quality, and residual cost or principle based methods-and detailed valuation for special supplies (foreign exchange, ticketing, insurance, second hand goods, vouchers). It also sets documentary and procedural conditions for claiming input tax credit (eligible documents, FORM GSTR 2 filing, reversals for non payment within 180 days, exclusions for fraud), special ITC rules for financial institutions, ISD distribution formulas, attribution for common and capital goods, and timelines and forms for returns, refunds and transitional credit migration. Notifications GST - States Fri, 30 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=120528