Mr. X sells a product to Mr. Y for ₹25,000. Mr. Y provided free consultancy to Mr. X for ₹4,000. The normal value of the product is not available. The value of supply in this case will be :
CS Executive · Tax Laws · PYQS · December 2024
Mr. X sells a product to Mr. Y for ₹25,000. Mr. Y provided free consultancy to Mr. X for ₹4,000. The normal value of the product is not available. The value of supply in this case will be :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: GST
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