https://www.taxtmi.com/forum/issue?id=118877 The notification prescribes a deemed valuation for supplies where specified goods are supplied alongside a taxable service: the goods' value is deemed as seventy per cent of gross consideration and the remainder deemed as the service value; when conditions are met this allocation is mandatory, but its interplay with general statutory valuation rules is contested and subject to High Court challenge. en-us Fri, 01 Dec 2023 14:03:52 +0530 Fri, 24 Jan 2025 10:40:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118877 The notification prescribes a deemed valuation for supplies where specified goods are supplied alongside a taxable service: the goods' value is deemed as seventy per cent of gross consideration and the remainder deemed as the service value; when conditions are met this allocation is mandatory, but its interplay with general statutory valuation rules is contested and subject to High Court challenge. Discussion-Forum GST Fri, 01 Dec 2023 14:03:52 +0530 https://www.taxtmi.com/forum/issue?id=118877