GST-Goods and Service Tax - 231. page

Goods and Services Tax Act – GST Law

Rule 30: Value of supply of goods or services or both based on cost    Where value is not determinable by any of the preceding rules, the value shall be […]

Rule 31: Residual Method   Where value cannot be determined under Rules 27 to 30, the same shall be determined using reasonable means consistent with the principles and general provisions […]

Rule 31A : Value of supply in case of lottery, betting, gambling and horse racing   Value of supply of lottery run by State Governments shall be deemed to be […]

Rule 32: Determination of value in respect of  certain supplies : Rule 32(2): Purchase or sale of forex including money changing Option-1 When exchanged from or/ to INR: Ø difference of […]

Rule 29: Value of supply of goods made or received through an agent  :   a)open market value, or at the option of the supplier, be 90% of the price […]

Rule 27 of CGST Rules Value of supply of goods or services where  consideration is not wholly in money The value of supply shall be- a)The open market value of […]

Rule 28: Value of supply of goods or services or both between  

Change in rate of tax in respect of supply of goods or services – Sec 14 :

Change in rate of tax in respect of supply of goods or services – Sec 14- Illustration :   Suppose there is change in rate of tax from 01/10/2017. The […]

Value of Taxable Supply – Sec 15   Value of supply of goods or services or both shall be the ‘Transaction Value’, where Supplier and recipient of supply are unrelated […]