Section 15 of the CGST Act read with CGST Rules states that the value of taxable supply under GST is the transaction value. Further section 15(3) of the CGST Act defines items not to be included in the transaction value.
CS Executive · Tax Laws · PYQS · December 2020
Section 15 of the CGST Act read with CGST Rules states that the value of taxable supply under GST is the transaction value. Further section 15(3) of the CGST Act defines items not to be included in the transaction value. Find from the following which shall not to be included in determination of the value of taxable supply.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: GST
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