When are the provisions of the Valuation Rules applicable?

GST-Basics/Practical 

GST Rates

September 25, 2018June 24, 2019 CA Harshita Raichandani 0 Comments CA HARSHITA, GST, GST Rates, GST VALUATION, GURUKUL, GURUKUL KENDRA, HARSHITA, HARSHITA RAICHANDANI, When are the provisions of the Valuation Rules applicable?

Read more

GST-Basics/Practical 

Person liable to pay GST

September 25, 2018June 24, 2019 CA Harshita Raichandani 0 Comments CA HARSHITA, GST, GST VALUATION, GURUKUL, GURUKUL KENDRA, HARSHITA, HARSHITA RAICHANDANI, Person Liable to Pay GST, VALUATION RULES, When are the provisions of the Valuation Rules applicable?

In general, the supplier of goods or services is liable to pay GST. However, in specified cases like imports and

Read more

GST-Basics/Practical 

Payments to be made in GST regime

September 25, 2018June 24, 2019 CA Harshita Raichandani 0 Comments CA HARSHITA, GST, GST VALUATION, GURUKUL, GURUKUL KENDRA, HARSHITA, HARSHITA RAICHANDANI, Payments to be made in GST regime, Valuation OF GST, VALUATION RULES, When are the provisions of the Valuation Rules applicable?

In the GST regime, for any intra-state supply, taxes to be paid are the Central GST (CGST), going into the

Read more

GST-Basics/Practical 

Valuation- supply of lottery tickets

September 25, 2018June 24, 2019 CA Harshita Raichandani 0 Comments CA HARSHITA, GST, GST VALUATION, GURUKUL, GURUKUL KENDRA, HARSHITA, HARSHITA RAICHANDANI, supply of lottery tickets, Valuation, Valuation OF GST, VALUATION RULES, When are the provisions of the Valuation Rules applicable?

Value of supply of lottery shall be 100/112 of the face value OR the price notified in the Official Gazette

Read more

GST-Basics/Practical 

Valuation- works contract service provided by a builder/developer to a prospective flat buyer

September 25, 2018June 24, 2019 CA Harshita Raichandani 0 Comments CA HARSHITA, GST, GST VALUATION, GURUKUL, GURUKUL KENDRA, HARSHITA, HARSHITA RAICHANDANI, Valuation OF GST, VALUATION RULES, Valuation- works contract service provided by a builder/developer to a prospective flat buyer, When are the provisions of the Valuation Rules applicable?

In case of supply of construction service (works contract), involving transfer of property in land or undivided share of land,

Read more

GST-Basics/Practical 

Valuation- Goods re-possessed from defaulting borrowers

September 24, 2018June 24, 2019 CA Harshita Raichandani 0 Comments CA HARSHITA, GST, GST VALUATION, GURUKUL, GURUKUL KENDRA, HARSHITA, HARSHITA RAICHANDANI, Valuation OF GST, VALUATION RULES, Valuation- Goods re-possessed from defaulting borrowers, When are the provisions of the Valuation Rules applicable?

The proviso to Rule 32(5) of the CGST Rules provides that in case of the purchase value of goods repossessed

Read more

GST-Basics/Practical 

Valuation- Supply is made by a dealer dealing in second hand goods

September 24, 2018June 24, 2019 CA Harshita Raichandani 0 Comments CA HARSHITA, GST, GST VALUATION, GURUKUL, GURUKUL KENDRA, HARSHITA, HARSHITA RAICHANDANI, VALUATION RULES, Valuation- Supply is made by a dealer dealing in second hand goods, When are the provisions of the Valuation Rules applicable?

As per Rule 32(5) of the CGST Rules, 2017, where a taxable supply is provided by a person dealing in

Read more