Insolvency and Bankruptcy Code -2016 amend the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of value of assets of such persons,
1. Value of supply of goods or services where the consideration is not wholly in money:- Where the Value of supply of goods or services where the consideration is not wholly in money, the value of supply shall be; a) The open market value (OMV) of such supply. b) If OMV is not available, the […]
The draft GST rule of Assessement and Audit under GST has notified by CBEC recently, the details of various forms in assessment and audits are hereunder