Question 12 – Draft-Bills-Reports – Valuation in GST – FAQ on GST dated 21.9.2016 based on Draft Model GST – Question 12 – Q 12. What are the methods provided for determining the value, in terms of draft GST Valuation Rules? Ans. Three methods are prescribed under GST Valuation Rules for determining the transaction value i.e., comparative method, computation method and residual method, which are required to be followed sequentially. Besides, some specific valuation methods have been specified l
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