https://www.taxtmi.com/forum/issue?id=114167 Valuation for transfers between a head office and separately registered branches follows a hierarchy: open market value first; if unavailable, value of goods of like kind and quality; failing that, fallback valuation rules apply. Landed cost including customs duties can constitute open market value for imported goods. Where the recipient is eligible for full input tax credit, the invoice value is deemed to be the open market value, so an additional notional margin need not be added. Supporting evidence is required when using cost-plus or unrelated sale comparables. en-us Sat, 22 Sep 2018 09:16:34 +0530 Thu, 23 Jan 2025 15:55:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114167 Valuation for transfers between a head office and separately registered branches follows a hierarchy: open market value first; if unavailable, value of goods of like kind and quality; failing that, fallback valuation rules apply. Landed cost including customs duties can constitute open market value for imported goods. Where the recipient is eligible for full input tax credit, the invoice value is deemed to be the open market value, so an additional notional margin need not be added. Supporting evidence is required when using cost-plus or unrelated sale comparables. Discussion-Forum GST Sat, 22 Sep 2018 09:16:34 +0530 https://www.taxtmi.com/forum/issue?id=114167