https://www.taxtmi.com/caselaws?id=382031 The Authority for Advance Ruling confirmed that the applicant's distinct entities could determine the value of goods supplied between them under Section 25(4) of the CGST Act, 2017, by applying Rule 28 of the CGST Rules, 2017. The ruling allowed the invoice value to be deemed as the open market value if the recipient is eligible for full input tax credit, as per the second proviso to Rule 28. en-us Tue, 19 Mar 2019 00:00:00 +0530 Mon, 10 Mar 2025 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382031 The Authority for Advance Ruling confirmed that the applicant's distinct entities could determine the value of goods supplied between them under Section 25(4) of the CGST Act, 2017, by applying Rule 28 of the CGST Rules, 2017. The ruling allowed the invoice value to be deemed as the open market value if the recipient is eligible for full input tax credit, as per the second proviso to Rule 28. Case-Laws GST Tue, 19 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382031