Seven Things To Know About Valuation Under Gst Regime An Analysis
Seven things to know about valuation under GST: Section 15 of the CGST Act states that, the value of taxable supply under GST is the transaction value. Transaction value means the price actually paid or payable for the said supply of goods or services or both where the supplier and the recipient of the supply are not related and the price is the sole consideration for the supply.. “consideration” in relation to the supply of goods or services or both includes:-...