Valuation of Supply Under GST Act Relies on Transaction Value Unless Disputed, Then Section 15 Provisions Apply.

Valuation of Supply Under GST Act Relies on Transaction Value Unless Disputed, Then Section 15 Provisions Apply. https://www.taxtmi.com/highlights?id=62545 Valuation of supply - It does not contemplate to consider a guidance value prescribed under another legislation to be deemed to be the value of the supply, unless the transaction value itself is disputed and found not acceptable under Section 15 of the GST Act. In the latter case, the determination of the value of such supply shall be made as per the provisions of Section 15 of the GST Act. - AAR en-us Tue, 22 Mar 2022 13:27:26 +0530 Tue, 22 Mar 2022 13:27:26 +0530 TaxTMI RSS Generator Valuation of Supply Under GST Act Relies on Transaction Value Unless Disputed, Then Section 15 Provisions Apply. https://www.taxtmi.com/highlights?id=62545 Valuation of supply - It does not contemplate to consider a guidance value prescribed under another legislation to be deemed to be the value of the supply, unless the transaction value itself is disputed and found not acceptable under Section 15 of the GST Act. In the latter case, the determination of the value of such supply shall be made as per the provisions of Section 15 of the GST Act. - AAR Highlights GST Tue, 22 Mar 2022 13:27:26 +0530 https://www.taxtmi.com/highlights?id=62545