https://www.taxtmi.com/notifications?id=122029 Amendments prescribe a hierarchical valuation regime: open market value first, then monetary equivalent of non-monetary consideration, comparable supplies, cost-based rule (110% of cost), and a residual reasonable-means rule; special valuation rules apply for currency exchange, travel bookings, insurance, second-hand goods, tokens and pure-agent recoveries. Detailed input tax credit conditions, attribution and reversal formulas, ISD distribution mechanics, capital-good phase-ins and transfer procedures are set. Invoicing, recordkeeping, electronic ledgers, return formats and refund, assessment and transitional procedures are standardized with prescribed forms and timelines. en-us Thu, 29 Jun 2017 00:00:00 +0530 Sat, 04 Nov 2017 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=122029 Amendments prescribe a hierarchical valuation regime: open market value first, then monetary equivalent of non-monetary consideration, comparable supplies, cost-based rule (110% of cost), and a residual reasonable-means rule; special valuation rules apply for currency exchange, travel bookings, insurance, second-hand goods, tokens and pure-agent recoveries. Detailed input tax credit conditions, attribution and reversal formulas, ISD distribution mechanics, capital-good phase-ins and transfer procedures are set. Invoicing, recordkeeping, electronic ledgers, return formats and refund, assessment and transitional procedures are standardized with prescribed forms and timelines. Notifications GST - States Thu, 29 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=122029