Foreign Affiliate Seconded Employee Services: Rule 28 Sets Invoice Value as Market Value for GST Assessment

Foreign Affiliate Seconded Employee Services: Rule 28 Sets Invoice Value as Market Value for GST AssessmentCase-LawsGSTHC determined that under Rule 28’s second Proviso, the value declared in invoices for services from seconded employees represents their

Foreign Affiliate Seconded Employee Services: Rule 28 Sets Invoice Value as Market Value for GST Assessment
Case-Laws
GST
HC determined that under Rule 28's second Proviso, the value declared in invoices for services from seconded employees represents their open market value. When foreign affiliates provide services without raising invoices, per Circular No. 210/4/2024-GST, such services are deemed to have 'nil' value, which becomes the market value under CGST Rules. This interpretation

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