Rule 30 of CGST Rules 2017: Value of Supply of Goods/ Services based on Cost

Rule 30 of ‘Central Goods and Services Tax (CGST) Rules 2017’: Value of Supply of Goods or Services or both based on Cost

Provisions under Rule 30 of the Central Goods and Services Tax (CGST) Rules, 2017 relating to “Value of Supply of Goods or Services or both based on Cost”, as per CGST (2nd Amendment) Rules 2017 notified by CBEC on 28 June 2017, applicable w.e.f. 1 July 2017, are as under:

CGST Rule 30: Value of Supply of Goods or Services or both based on Cost (Chapter-IV: Determination of Value of Supply)

Where the value of a supply of goods or services or both is not determinable by any of the preceding rules of this Chapter, the value shall be one hundred and ten percent of the cost of production or manufacture or the cost of acquisition of such goods or the cost of provision of such services.

Related Posts:

CGST (2nd Amendment) Rules, 2017: CGST Notification No. 10/2017

CGST (Amendment) Rules 2017: CGST Notification No. 7/2017

CGST Rules 2017: CGST Notification No. 3/2017 dt. 19 June 2017

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