This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Valuation of goods for supply by one distinct entity (factory/depot) to other
Case Law Details
- Case Name
- In re Kansai Nerolac Paints Limited (GST AAR Maharashtra)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- AAR Maharashtra, Advance Rulings
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
In re Kansai Nerolac Paints Limited (GST AAR Maharashtra)
Question: Whether value of supply of goods by one distinct entity (Factory/depot) as defined under sec 25(4) of the CGST Act 2017 as amended to another distinct entity (Factory/depot) can be determined on the basis of our cost of production. Our cost of production depends mainly on cost of inputs and input services hence the same fluctuates with the price of inputs and input services.
Answer:-As discussed above applicant can apply Rule 28 of the GST Rules, 2017 to determine the value of supply of goods for supply of goo...
