https://www.taxtmi.com/notifications?id=120890 The amendment inserts a comprehensive valuation Chapter establishing a hierarchical method (open market value; monetary consideration plus equivalent; like kind value; cost based 110% rule; residual reasonable means) and special valuation rules for related parties, agents, barter, foreign exchange, travel and insurance services, vouchers and second hand goods; clarifies electronic signature and deemed registration procedures; and prescribes detailed input tax credit documentary bases, attribution and reversal formulas (including ISD distribution and capital goods tapering over a five year useful life), invoicing, returns matching, refund mechanics, audit, appeals and transitional filing obligations. en-us Fri, 30 Jun 2017 00:00:00 +0530 Sat, 12 Aug 2017 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=120890 The amendment inserts a comprehensive valuation Chapter establishing a hierarchical method (open market value; monetary consideration plus equivalent; like kind value; cost based 110% rule; residual reasonable means) and special valuation rules for related parties, agents, barter, foreign exchange, travel and insurance services, vouchers and second hand goods; clarifies electronic signature and deemed registration procedures; and prescribes detailed input tax credit documentary bases, attribution and reversal formulas (including ISD distribution and capital goods tapering over a five year useful life), invoicing, returns matching, refund mechanics, audit, appeals and transitional filing obligations. Notifications GST - States Fri, 30 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=120890