Calculating Value of Supply under GST

Calculating Value of Supply under GST Value of supply is an important concept under GST as it determines the GST payable in a transaction. According to the GST Act, the value of a supply of goods or services is the…

Value of Supply – Related Party Transactions under GST

Value of Supply - Related Party Transactions under GST To regulate the value of supply under GST for the free market transactions, the Government of India (GoI) implemented guidelines for the valuation of goods and services. The guidelines shall regulate…