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    <title>Manipur Goods and Services Tax (First Amendment) Rules, 2017</title>
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    <description>The amendment inserts Chapter IV establishing a hierarchical method to determine value of supply where consideration is not wholly in money, between related/distinct persons or through agents, including open market value, known money equivalent, value of like goods/services, cost based (110% of cost) and residual methods; prescribes special valuation rules for currency exchange, air travel agent commissions, life insurance, second hand goods, vouchers and pure agent exclusions; and fixes exchange rate and tax inclusive extraction formulas for valuation.</description>
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