As per Rule 31 of the CGST Rules, residual method for determination of value of supply of goods or services or both will apply when:
A. Value of supply cannot be determined under Rules 27 to 30
B. Value of supply determined is more than the open market value of goods
C. Value of supply determined is more than the Value of supply of like . kind and quality
D. All of the above
Answer:A
As per Rule 31 of the CGST Rules, residual method for determination of value of supply of goods or services or both will apply when:
A. Value of supply cannot be determined under Rules 27 to 30 B. Value of supply determined is more than the open market value of goods C. Value of supply determined is more than the Value of supply of like . kind and quality D. All of the above