Valuation - transfer to branches located outside the State - the ...

Applicants must use open market value for out-of-state transfers or 90% of recipient's price if full ITC is available.

August 7, 2019

Case Laws GST AAR

Valuation - transfer to branches located outside the State - the applicant shall adopt the open market value as per Rule 28(a) as well as also opt to value the same at 90% of the price charged for the supply of goods of like kind and quality by the recipient to his customer not being a related person - If the recipient is eligible for full ITC, such a value shall be deemed to be the open market value

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Valuation - transfer to branches located outside the State - the ...

Applicants must use open market value for out-of-state transfers or 90% of recipient's price if full ITC is available.

August 7, 2019

Case Laws GST AAR

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