https://www.taxtmi.com/article/detailed?id=14767 Valuation between distinct or related persons (not through an agent) must use open market value if available; if not, value by like kind and quality, and if still not determinable apply Rule 30 (cost plus ten percent) or Rule 31 (reasonable means). A supplier may elect a 90% valuation where the recipient further supplies as such, and invoice value is accepted as open market value when the recipient can claim full input tax credit. Corporate guarantee value is the higher of one percent per annum of the guaranteed amount or actual consideration. en-us Tue, 08 Jul 2025 08:37:08 +0530 Tue, 08 Jul 2025 08:37:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14767 Valuation between distinct or related persons (not through an agent) must use open market value if available; if not, value by like kind and quality, and if still not determinable apply Rule 30 (cost plus ten percent) or Rule 31 (reasonable means). A supplier may elect a 90% valuation where the recipient further supplies as such, and invoice value is accepted as open market value when the recipient can claim full input tax credit. Corporate guarantee value is the higher of one percent per annum of the guaranteed amount or actual consideration. Articles Goods and Services Tax - GST Tue, 08 Jul 2025 08:37:08 +0530 https://www.taxtmi.com/article/detailed?id=14767