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

Case Laws GST

January 19, 2021

Valuation of transfer - transfer to branches located outside the state - In the case at hand, the applicant supplies to their distinct persons, for which presently they adopt the approximate sale value of the distinct person. The distinct person undertakes supply to their ultimate-unrelated customer 'as such' and the value adopted is that on the Purchase Order issued to such distinct persons by the ultimate customer. Also, the distinct units are eligible to avail full Input Tax credit of the tax paid by the applicant. - the value to be adopted by the applicant can be arrived at following the methodology of either of the three methods. - AAR

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

Case Laws GST

January 19, 2021

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