Value of supply not determined under according to section 15(1) [ Section 15(4) ]

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... such manner as may be prescribed.(see the definition of 'prescribed'), which means as stipulated in the rules for valuation, Rules 27 to 31 of the CGST Rules provide the mechanism to determine value in all such scenarios. Determination of Value of Supply when consideration is not solely in money [Rule 27 of CGST rules] Value of supply of goods or services or both between distinct or related p....