What will be the value of goods, if consideration paid is not wholly in money and open market value of such goods are also known ?

CS Executive · Tax Laws · PYQS · December 2024
What will be the value of goods, if consideration paid is not wholly in money and open market value of such goods are also known ?
(A) Actual value paid in money
(B) Open market value of such goods
(C) 90% of open market value of such goods
(D) None of the above

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: GST

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