Chapter 4 Determination of Value of Supply Rules (Rule 27 to 35)
Rule 28 GST - Value of supply of goods or services or both between distinct or related persons
Rule 29 GST - Value of supply of goods made or received through an agent
Rule 30 GST - Value of supply of goods or services or both based on cost
Rule 31 GST - Residual method for determination of value of supply of goods or services or both You are here
Rule 32 GST - Determination of value in respect of certain supplies
Rule 33 GST - Value of supply of services in case of pure agent
Rule 34 GST - Rate of exchange of currency, other than Indian rupees, for determination of value
Rule 35 GST - Value of supply inclusive of integrated, central tax, State tax, Union territory tax
Chapter 4 Determination of Value of Supply Rules (Rule 27 to 35)
Last updated at April 16, 2024 by Teachoo
According to Rule 31 of Central Goods and Service Tax Act, 2017 as passed by Lok Sabha :
Where the value of supply of goods or services or both cannot be determined under rules 27 to 30, the same shall be determined using reasonable means consistent with the principles and the general provisions of section 15 and the provisions of this Chapter:
Provided that in the case of supply of services, the supplier may opt for this rule, ignoring rule 30.
