value of supply under gst 

The value of supply of goods and services shall be the ——

Value of supply shall be the transaction value,if ————–

Which of the following is included while computing the value of supply of goods under GST?

What shall be the treatment of subsidies received from BAC Private limited while deriving transaction value?

Subsidies not directly linked to the price ———– subsidies provided by the Central and State Governments are includible in value for charge of GST

A deposit,—————-, given in respect of the supply of goods or services or both shall not be considered as payment made for the supply unless the supplier applies the deposit as ———–?

Mr. A supplied goods worth of 1,00,000 for which he received payment in US dollars. Does the consideration as received falls within the ambit of money

Consideration excludes:

Value of supply shall be construed to include:

Value of supply is considered to exclude:

Discount given after the supply is deducted from the value of taxable supply, if –

Mr. A sells the goods to Mr. B for Rs.20,000 on 1st April, 2018 and allows him a credit period on 15 days post that penalty of Rs.10 per day shall e levied on the same. Mr. B makes a payment of Rs.20,000 on 30th April, 2018 and Mr. A agreed for the same. What shall be the value on which taxshall be levied?

ABC consultancy firm is engaged to register a company for XYZ Ltd. Other than professional fees ABC consultancy also recovers fees paid to ROC on behalf of the XYZ Ltd. Determine Value of Supply?

Mr. A is providing construction services to Mr. B. In addition to the consideration, Mr. B is also supplying construction material to Mr. A. determine Value of Supply to levy of GST?

A Chartered Accountant issued following bill –
(i) Professional fees – Rs.1,00,000
(ii) Out of pocket expenses –Rs.10,000
(iii) MCA for e-filing of documents on MCA portal –Rs.5,000.
His value of service for tax purposes is:

Varun purchased certain goods worth INR 17,000 from Dushyant foods Pvt. ltd. As a matter of security, Varun made a request to the supplier to provide for an additional packaging on the given item for safe transportation which cost around INR 1500. The
supplier charged value of the additional packaging separately after the supply was made. What is the final value of such supply made?

Ram of Jaipur provides online gaming services. He earns Rs.2,00,000 from Jammu & Kashmir, Rs.10,00,000 from foreign users and Rs.20,00,000 from other users in India. The taxable value of service will be —–

Jiffy foods Pvt. ltd gives discount of 30% on the list price to its distributors as per its contract. As per invoice raised on the items supplied per carton, the list price on the same amounts to INR 500. What shall be the taxable value of such supply, given that
the discount is allowed at the time of supply and shown in invoice?

Toll receipts from highway of Kolkata to Durgapur is Rs.80,00,000 and commission earned on toll receipts is Rs.8,00,000. The value of taxable supply will be:

Mr, A is selling a product for Rs.1,050 inclusive of GST. Rate of CGST and SGST will be 2.5% each. Determine the value of supply.

Mr. A supplied services of `20,000 to Mr. B and such services are covered in reverse charge mechanism. What shall be the taxable value in this case?

What shall be the value of a token, voucher, coupon or stamp which is redeemable against a supply of goods and services?

Mr. Santa located in Nashik purchases 10,000 Hero ink pens worth Rs.4,00,000 from Lekhana Wholesalers located in Mumbai. Mr. Mohan’s wife is an employee in Lekhana Wholesalers. The price of each Hero pen in the open market is Rs.52. The supplier additionally charges Rs.5,000 for delivering the goods to the recipient’s place of business. The value of such supply will be :

Determine the value of taxable supply as per provisions of Section 15 of the CGST Act, 2017? Contracted value of supply of goods (including GST @ 18%) Rs.11,80,000
The contracted value of supply includes the following :
1) Cost of Primary Packing Rs.25000
2) Cost of protective packing at recipients request for safe              transportation Rs.15,000

Determine the value of taxable supply as per provisions of section 15 of the CGST Act, 2017? Contracted value of supply of goods
(including GST @ 18%) Rs.11,00,000
Not included in above are:
I) Commission paid to agent by recipient on instruction of supplier Rs.5,000
ii) Freight and insurance charges paid by recipient on behalf of supplier Rs.75,000

Comment: If the amount is the contractual liability of the supplier but paid by the recipient on his behalf, that amount will be includable in value’ for purpose of payment of GST.

What are the deductions allowed in case of transaction value consideration?

What shall be the value of supply of goods/services where the consideration is not wholly in money?

What does goods or services of like kind and quality means?

What are the conditions prescribed for deduction of discount from the value of taxable supply, when made after supply?