Rule 28(1) KGST: Imported Services from Foreign Affiliates Can Be Valued as Nil Without Invoice if Fully Creditable.
Circulars
GST – States
Clarifies that in cases of import of services by a registered person in India from a related person located outside India, where the recipient is eligible for full input tax credit, the value declared in the invoice by the recipient shall be deemed as open market value as per the second proviso to Rule 28(1) of KGST Rules. Further, if no invoice is
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