https://www.taxtmi.com/forum/issue?id=116094 Valuation of moulds supplied to a related party follows the open market value principle; if the recipient is fully eligible for input tax credit and does not use the moulds for exempt supplies, the declared invoice value is to be treated as the open market value and may be taken as the taxable value. en-us Tue, 03 Mar 2020 16:01:44 +0530 Thu, 23 Jan 2025 15:54:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116094 Valuation of moulds supplied to a related party follows the open market value principle; if the recipient is fully eligible for input tax credit and does not use the moulds for exempt supplies, the declared invoice value is to be treated as the open market value and may be taken as the taxable value. Discussion-Forum GST Tue, 03 Mar 2020 16:01:44 +0530 https://www.taxtmi.com/forum/issue?id=116094