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Wednesday, May 10, 2017

Value of Taxable Supply (Transaction Value)

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Under Section 4A of the Central Excise Act, the Central Government has the power to notify the goods which shall be valued on the basis of MRP less abatement permitted. However in GST Law there is no provision for determination of value on the MRP basis.

May 10, 2017 at 09:09AM

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from DEEPAKJ

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