TMI BlogValuation - transaction value - inclusion of cost / expenditure / supply received on which GST has been...Valuation - transaction value - inclusion of cost / expenditure / supply received on which GST has been paid - Double charging of GST or not - the component of the GST paid by M/s UPCL & M/s PITCUL on the supplies received by them from their vendors, is the cost for them and is one of the many components which constitutes the transaction value for the supply in question and is the price actually payable (transaction value) for the said supply of work contract to the applicant. Therefore, the tra..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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