https://www.taxtmi.com/caselaws?id=371998 The judgment concluded that the applicant's direction to transfer businesses qualifies as a 'supply' under the GST Act. The value must be determined per Rule 28 of the CGST Rules, 2017. The question of considering notional consideration as open market value was not specifically answered due to Rule 28's sufficiency. en-us Tue, 30 Oct 2018 00:00:00 +0530 Fri, 28 Mar 2025 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371998 The judgment concluded that the applicant's direction to transfer businesses qualifies as a 'supply' under the GST Act. The value must be determined per Rule 28 of the CGST Rules, 2017. The question of considering notional consideration as open market value was not specifically answered due to Rule 28's sufficiency. Case-Laws GST Tue, 30 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371998