https://www.taxtmi.com/caselaws?id=780590 AAR held that where cement/iron is supplied to an unrelated person for a price that is the sole consideration, value is the transaction value under s.15(1). Supplies to a related person who can claim full ITC will be valued at the invoice price; if related-party pricing is not at arm's length, value is determined per Rule 28 (open market value, value of like kind/quality, cost plus 10%, then residual methods). A registered transporter must issue a consignment note/invoice even for unregistered recipients; supplies of road transportation to unregistered persons are not liable to tax under the cited notification entry (applicant not liable). en-us Mon, 14 Jul 2025 00:00:00 +0530 Sat, 01 Nov 2025 08:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780590 AAR held that where cement/iron is supplied to an unrelated person for a price that is the sole consideration, value is the transaction value under s.15(1). Supplies to a related person who can claim full ITC will be valued at the invoice price; if related-party pricing is not at arm's length, value is determined per Rule 28 (open market value, value of like kind/quality, cost plus 10%, then residual methods). A registered transporter must issue a consignment note/invoice even for unregistered recipients; supplies of road transportation to unregistered persons are not liable to tax under the cited notification entry (applicant not liable). Case-Laws GST Mon, 14 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780590