GST What is transaction value?

Discussion in 'GST (Goods & Service Tax)' started by Raju Choudhary, Apr 15, 2017.

  1. Raju Choudhary

    Raju Choudhary Active Member Staff Member

    Ans. Transaction value refers to the price actually paid or payable for the supply of goods and or services where the supplier and the recipient are not related and price is the sole consideration for the supply. It includes any amount which the supplier is liable to pay but which has been incurred by the recipient of the supply
     
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